FATCA CRS/DAC6 Specialization Course

Introduction

The US Congress has estimated that the United States loses approximately $100 billion annually due to so-called offshore tax abuses. For this reason, the US government introduced the Foreign Account Tax Compliance Act (FATCA), a measure that requires foreign financial institutions to become instruments of the Internal Revenue Service.
The FATCA regulation, approved in March 2010, includes a series of anti-tax avoidance provisions that, by expanding the reporting requirements for non-US financial institutions (including investment funds) that directly or indirectly hold investments in the US, are aimed at targeting US citizens who use foreign vehicles to conceal their income.
The course provides advanced training to all professionals to enable them to fully comply with the requirements of the agreements between state governments, which require active collaboration to identify hidden income. Specifically, the course is aimed at those responsible for compliance, legal, tax, organizational, and middle office functions.
The day of study and discussion aims to provide participants with the essential information and documentation to responsibly comply with the regulatory provisions dictated by the "FATCA" discipline.

Program