Foreign Account Tax Compliance Act of 2009: Difference between revisions

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The [[Foreign Account Tax Compliance Act]] is a piece of US {{tag|tax}} legislation having overwhelming global effect.
{{Fatca capsule}}


===Text of Section {{isdaprov|FATCA Amendment}}, {{isdama}}===
It leads to the {{isdaprov|FATCA Amendment}}
{{isdaquote|{{ISDA Master Agreement 2002 FATCA Amendment}}|FATCA Amendment|2002}}
 
====Commentary====
{{sa}}
*{{isdaprov|FATCA Amendment}}
*[[Withholding Tax]]
*[[Withholding Tax]]
*[[HIRE Act]]
*[[HIRE Act]]
====See Also====
*{{isdaprov|FATCA Amendment}}
 
{{isdaanatomy}}

Revision as of 16:11, 24 February 2020

The Foreign Account Tax Compliance Act — it its amigos, FATCA — is a US federal law requiring all non-U.S. foreign financial institutions identify those of their customers with “indicia” of a connection to the U.S., including being born there or having lived there, and report them and their assets to the U.S. Department of the Treasury.

It leads to the FATCA Amendment

See also