EY Wealth & Asset Management Webcast

Impact of new FATCA provisions on asset management

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On 20 February, the IRS and US Treasury released final and temporary regulations providing further guidance under the Foreign Account Tax Compliance Act (FATCA) and “conforming” the requirements for withholding of tax on certain US source income paid to foreign persons, information reporting and backup withholding on payments made to certain US persons, and portfolio interest treatment with FATCA.

Our panelists will discuss the impact of these provisions asset management organizations.