Tax Notes has posted information regarding the effective date of the Foreign Account Tax Compliance Act. According to the article, the effective date of the Foreign Account Tax Compliance Act will be January 1, 2013 and that taxpayers and practitioners should submit comments on how much time is needed to comply with the specific requirements.
See "Government Plans to Meet January 1 Effective Date for FATCA," 2012 TNT 89-2 (May 8, 2012).
Posted By Brian Spring, Associate Editor, Wealth Strategies Journal.
See "Government Plans to Meet January 1 Effective Date for FATCA," 2012 TNT 89-2 (May 8, 2012).
Posted By Brian Spring, Associate Editor, Wealth Strategies Journal.

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