Client Alert

On February 8, 2012, the IRS released proposed regulations under Code §§ 1471-74 (generally referred to as the FATCA provisions). The proposed regulations clarify, expand, and relax the requirements of the earlier FATCA Notices. This Client Alert briefly summarizes the most significant changes.

On the same day, a joint statement was released by the United States, France, Germany, Italy, Spain, and the United Kingdom announcing an intent to explore a common approach to FATCA through automatic information exchange based upon information-exchange provisions in tax treaties. If such an approach is adopted, the United States would agree to waive some of the more onerous FATCA requirement 

Relevant Documents

We have always been focused on finance.

  • 1913
    TS Chapman partners with Henry Cutler to form Chapman and Cutler
  • 1st
    Chapman's first client in 1913 is still a client of the firm today
  • 22
    Diverse financial practices serving regional, national, and global clients
  • 6
    Offices across the country and in key US financial centers

We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Privacy Policy. By using this website you agree to our use of cookies.