Expat Americans Face Possible Account Freeze

Originally, the intention was to enforce this by applying a 30 per cent withholding tax on payments to any FFI that did not comply, but in practice all major countries enacted legislation forcing their financial institutions to comply with FATCA.


Deloitte wins audit award

The Deloitte team was represented on the night by Partner Theo Brennand, Director Marc Cleeve and Manager Manik Ahmed Memon.


HMRC targets offshore fund holders

HMRC is chasing almost £2bn that is potentially owed in taxes by the UK's richest people, according to the public spending watchdog.


Japan to tighten tax rules on wealthy people

Under the current rules, the government has obliged domestic residents to declare the types and amounts of their overseas assets if they total more than 50 million yen.