Like it or not, FATCA is coming on January 1st 2013. Don’t take the attitude that it’s a long way off – there is potentially a lot of work for some firms to do, so make sure you are prepared and ready.
In case you are wondering what FATCA is, it’s the USA IRS Foreign Account Tax Compliance Act. If you are a financial services firm and have any dealings with the USA or if you are a US multinational corporation, you need to determine whether you need to become FATCA compliant.
This flowchart should help determine your obligations under FATCA. Click the image to view or download the full size diagram (it is a large file).
Click here also, for useful links regarding FATCA.
As always, this is to the best of my knowledge, so always take professional advice. Constructive feedback welcome.
Resources for CIO and COO Professionals
Remember to bookmark the following ….
- CIOCOO.com
- add CIOCOO.com/feed/rss/ to your RSS feed
- and follow twitter.com/timbullock/ on Twitter
For more information, contact 
For copyright details, refer to http://ciocoo.com/legal/copyright/
For terms of use, refer to http://ciocoo.com/legal/terms-of-use/
© Copyright Tim Bullock 2010
