International Tax

What Is The Common Reporting Standard And Who Does It Affect?

In recent years globalisation has had a profound impact on the tax revenue collection of many economies around the world as it has eroded their tax bases. In order to combat the tax evasion opportunities created by globalisation, the Organisation for Economic Co-operation and Development (OECD) has developed the single global standard called Common Reporting

2018-06-26T10:25:55+12:00June 26th, 2018|International Tax, Tax|

The Facts on FACTA

We have recently fielded a number of enquiries about FACTA from clients who have received correspondence from their bank, including, in some cases, a detailed FACTA questionnaire to complete. So what is FACTA? FACTA stands for The Foreign Account Tax Compliance Act, which is legislation passed by the United States that aims to reduce tax

2020-07-03T15:20:15+12:00November 3rd, 2015|International Tax, Tax|