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.
FATCA Information Page
We are one of the largest tax groups of any law firm in the country, with more than 75 lawyers in 11 offices nationwide.
We have a consistent record of success in high-stakes tax appeals and litigation at the state, federal and international levels.
Team members have served as senior federal tax advisers to the Assistant Secretary-Tax Policy and the Office of Tax Legislative Counsel at the U.S. Treasury, and in the Office of Chief Counsel of the IRS Legislation and Regulation Division.
Our team also includes a past chair ABA Tax Section Committees, adjunct professors, and fellows in the American College of Tax Counsel.
The Annual Tax, Budget and Legislative Policy Seminar co-sponsored by BakerHostetler has been called "a who's who in Washington politics" by The Washington Times.
Eight of our team members are listed in the latest edition of The Best Lawyers in America.
Our team is listed in the latest edition of Chambers USA as one of the top tax practices in Washington, D.C.