Mayer Brown

International Top 30 position: 6
International 50 position (Asia-Pacific): 8

Categories:Business Tax

The IRS issues final FATCA regulations

On January 17, 2013, the Internal Revenue Service (IRS) released 544 pages of final regulations implementing the provisions of the Foreign Account Tax Compliance Act (FATCA). The FATCA provisions of the Internal Revenue Code require non-U.S. financial institutions and investment entities to conduct due diligence on their account holders, broadly defined, and report on U.S. persons who hold accounts with such companies to the IRS.

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Overview

201 Bishopsgate
London
EC2M 3UG
UK

Firmwide revenue 2011 ($m): 2,313
Total lawyers: 1,523
No. of lawyers: 234
Offices: 8
Jurisdiction: US
No. of offices: 8
No. of qualified lawyers: 309