Sep 23, 2025 · The Foreign Account Tax Compliance Act (FATCA) requires certain U.S. taxpayers holding financial assets outside the country to report those assets to the IRS.

FATCA requires foreign financial institutions (FFIs) to report to the IRS information about financial accounts held by U.S. taxpayers, or by foreign entities in which U.S. taxpayers hold a …

Aug 21, 2025 · What Is FATCA? Signed into law in 2010, the Foreign Account Tax Compliance Act (FATCA) aims to curb tax evasion by U.S. citizens through their foreign financial assets.

FATCA is used by government personnel to detect indicia of U.S. persons and their assets and to enable cross-checking where assets have been self-reported by individuals to the IRS or to …

Dec 8, 2025 · Learn FATCA filing requirements: who must file, reporting requirements, deadlines, and penalties, with tips to stay compliant and avoid fines.

Jul 15, 2022 · FATCA aimed to reduce noncompliance by requiring certain U.S. taxpayers with assets outside the United States to report those assets to the Internal Revenue Service (IRS) …

Dec 13, 2025 · Understand the current FATCA environment. Review essential IRS policy changes, global compliance developments, and enforcement risk updates.