![]() Article FATCA EssentialsNovember 1, 2011 FATCA, or the Foreign Account Tax Compliance Act, is new U.S. tax legislation targeted at curtailing U.S. tax evasion and raising revenues. It imposes onerous and costly compliance burdens on Canadian financial institutions, including investment funds. Co-written with Alan W. Granwell; published in the CVCA Private Capital magazine, Volume 4, Winter 2011. Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. |