The federal government has now solved a major problem for Canada’s banks by entering into an intergovernmental agreement concerning FATCA with the United States. The details about the privacy implications of FATCA can be found in previous posts here, here and here. With this agreement, the “end game” of FATCA compliance for Canada appears close at hand and there’s an important […]

Since the FACTA posts on this blog have generated a lot of traffic, I thought I’d pass along some information from my good friend Peter McLaughlin in Morrison Foerster’s New York office. It appears the IRS have decided to shift the implementation date for FATCA from 31 December 2013 to 1 July 2014. Not a […]