Foreign Account Tax Compliance Act (FATCA)
The Foreign Account Tax Compliance Act (“FATCA”) is a broad reporting and withholding regime designed to improve tax compliance involving financial assets held offshore. The substantive provisions of FATCA will not be fully in force until January 1, 2014, but foreign financial institutions (“FFIs”) must now begin planning to ensure compliance with FATCA.
BakerHostetler is uniquely qualified to assist with all of your FATCA-related questions, utilizing resources and attorneys from all relevant practices, from International Tax to Tax Controversy and Litigation, from FCPA to Corporate Governance and Government Policy. For more information, see our FATCA Information Page.
International Tax Experience
U.S.-based multinational oil and gas, agricultural commodities, media, and manufacturing companies
Foreign-based mining, manufacturing, and pharmaceutical companies
Multinational banks and financial institutions
U.S. and foreign-based private equity funds
Entertainment and hospitality industry firms
Accounting and investment advisory firms
We are one of the largest tax groups of any law firm in the country, with more than 75 lawyers in 11 offices nationwide.
Our International Tax Team includes a former Senior Advisor to the Assistant Secretary of Tax Policy at the U.S. Treasury and a former Legislation Counsel to the Joint Committee on Taxation.
We advise and represent clients in the full range of international tax issues, including transactions, treaties, controversy, structuring, transfer pricing and financial transactions.
We bring a multidisciplinary approach to international tax, adding value to client services with advice on intellectual property, legislation and foreign relations.