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Tag Archives: local law limitations

*AskTaxMama Newsletter, FATCA, FBAR, IRS News

Treasury, IRS Issue Proposed Regulations for FATCA Implementation

Posted on February 10, 2012 by TaxMama

WASHINGTON — The Treasury Department and the Internal Revenue Service today issued proposed regulations for the next major phase of implementing the Foreign Account Tax Compliance Act (FATCA). Enacted by Congress in 2010, the law targets non-compliance by U.S. taxpayers using foreign accounts.

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Posted in *AskTaxMama Newsletter, FATCA, FBAR, IRS News  |  Tagged *Tax Quips, American studies, Ben Franklin Station, Business/Finance, Commissioner, Congress, Department of the Treasury, Doug Shulman, fatca, fiscal follies, foreign assets, Free, Government, hidden money, Internal Revenue Service, IRS News, IRS tax forms, jokes, local law limitations, Money Funnies, offshore assets, offshore trusts, online system, swiss account, tax answers, tax humor, Tax Information, tax jokes, tax podcast, Tax protester statutory arguments, tax questions, Tax resistance, tax tips, tax writer, Taxation in the United States, TaxMama, terrific, United States, Washington, Washington D.C. Leave a comment
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