Jayne Newton takes a look at where we are now on the new ‘global FATCA’,
Susan Grace, head of business transformation, group legal with Lloyds Banking Group, discusses the many challenges of the UK implementation of FATCA.
Mark Middleditch takes over the reins of our popular monthly briefing on developments affecting the City.
For any transaction involving bonds or notes, there are a number of potential difficulties that may arise, which may include issues involving stamp taxes, VAT, withholding tax, FATCA, and the tax treatment of the bond issuer and bondholders. Eloise Walker and Abigail McGregor provide a handy practice guide for advisers
Vicky Clarke answers a query on whether a UK insurance company needs to complete a W-8BEN-E form
For borrowers and lenders subject to FATCA withholding, maintaining FATCA grandfathering on a debt instrument may be critical to avoiding FATCA withholding tax, writes Reed Carey
The US Internal Revenue Service has announced a relaxation of enforcement and administration of the due diligence, reporting and withholding provisions under FATCA for calendar years 2014 and 2015 for entities which have made ‘good faith efforts to comply’ with the regulations.
By Paul Radcliffe, director, EMEIA financial services, EY
Jayne Newton considers the OECD’s new common reporting standard
Financial services businesses in the Crown dependencies and British overseas territories are subject to a new information reporting regime, following intergovernmental agreements signed with the UK. Jason Collins and Reg Day review what needs to be reported by such businesses in respect of family trusts and private investment companies, in light of new draft guidance