Foreign Account Tax Compliance Act Summary
This cliff note covers the Foreign Account Tax Compliance Act which was added to the Internal Revenue Code to address potential tax abuse by American tax payers who attempt to evade their tax responsibilities by using foreign accounts.
Members Can Download This Tool
Login to Download
Not Yet a Member?
Financial compliance consulting that's all-inclusive for small-to-medium community financial institutions, Compliance Alliance is owned by 28 state bankers associations and trusted as a banking compliance resource. Find out how a personalized team of attorneys and compliance professionals helps financial institutions like yours to operate leaner and stimulate growth across your entire enterprise when you take our demo/tour.