Under the FACTA agreement between Switzerland and the USA, information has so far only flowed in one direction. This should ...

DataTracks, a global leader in regulatory reporting solutions, announces a new version of DataTracks Oxbow, its FATCA/CRS ...

If you are a US citizen living in Switzerland (or anywhere else outside the United States), you probably know about FATCA.

As tax authorities embrace new digital technologies, the issue of safeguarding citizens' data privacy rights steps to the fore. Since ...

Accidental Americans are people who inherit US citizenship by birthright or lineage but have little connection to the country ...

Implementation of the new FATCA agreement requires national law to be amended. In Switzerland, the Federal Assembly will decide on this. According to the current schedule, Switzerland's change of ...

In December 2024, taxpayers were urged by the Income Tax Department to voluntarily disclose any previously unreported foreign ...

Switzerland is seeking feedback on an agreement it reached with the US to exchange financial information under the Foreign Account Tax Compliance Act.

FATCA: A U.S. law requiring foreign financial institutions to report accounts held by U.S. taxpayers to the IRS. CRS: An OECD (Organisation for Economic Co-operation and Development) initiative ...

The Foreign Account Tax Compliance Act (FATCA) and the Automatic Exchange of Information (AEI) are global regulations that support efforts to combat tax evasion. These initiatives require banks and ...

As part of its tax compliance campaign, the CBDT has helped uncover foreign assets and income worth ₹29,000 crore from 30,161 ...