+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
BNA Tax and Accounting editors detail the withholding and reporting requirements of the Foreign Account Tax Compliance Act, which imposes a number of requirements on foreign financial institutions and U.S. businesses that make payments to different classes of foreign entities. During 2012, the rules evolved quite quickly, with proposed regulations and model agreements for foreign governments to participate in simplifying some processes (and several signed agreements), as well as various changes to required due dates for compliance. Inspired by discoveries of U.S. persons evading tax by using foreign bank or financial accounts, as well as shell entities, Congress enacted FATCA in 2010. It is intended to obtain information about foreign institutions’, vendors’, and service providers' U.S. account holders or U.S. owners.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).