16 Aug 2022
FATCA Facts
FATCA represents an effort by the United States to tackle perceived tax evasion by U.S. citizens that hide their investments in accounts in financial institutions based outside the United States. Review this practice note on FATCA so you can counsel your clients on those offshore accounts!
Related Content
- What is FATCA?
Review this practice note providing an in-depth introduction to the Hiring Incentives to Restore Employment Act (HIRE Act) and the Foreign Account Tax Compliance Act of 2009 (FATCA).
- FATCA Foreign Financial Institutions (FFIs)
Refer to this practice note to understand FFIs, including the exceptions from the definition of FFIs.
- FATCA Tax Credits and Excluded Obligations
Read this practice note to get up to speed on the issues that commonly arise in relation to the implementation of, and compliance obligations arising from, FATCA.
Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.
- Market Standards—Finance
- SBA Loans
- The Practical Guidance Journal Summer 2022 Edition
- Share this fundamental guidance, the Summer Associate Resource Kit: Finance, with your firm’s summer associates to help them sharpen their research and writing skills, get the inside scoop on summer associate survival, and hit the ground running.
- Listen Up! The Practical Guidance Podcast features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID, and more.
- Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
- Check out the new Practical Guidance Author Center! Learn about the 1500+ leading attorney authors contributing to our 21 practice areas, and find out how you can Become a Practical Guidance Author.
- Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.
Experience Lexis+