Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The Internal Revenue Service announced Wednesday that it is postponing deadlines associated with the Foreign Account Tax Compliance Act (FATCA), Reuters reports. FATCA requires foreign banks to provide the IRS with more information about the offshore accounts of U.S. taxpayers, a requirement that has elicited considerable criticism from overseas banks.

Treasury and Risk

Treasury and Risk Staff Writers

More from this author

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.