Analyzing, implementing proposed Foreign Account Tax Compliance Act.

The U.S. Treasury Department and the IRS released proposed regulations on the Foreign Account Tax Compliance Act, which became law in 2010 and requires foreign financial institutions to provide detailed information about U.S. account holders to the IRS. The law is effective Jan. 1, 2013. The proposed regulations provide financial institutions with a clearer road map, though not a final one, to compliance.

A Deloitte white paper, The Path Forward: A Practical Guide for Analyzing and Implementing the Newly Proposed FATCA...