NEW YORK, Oct. 6, 2016 /PRNewswire-USNewswire/ -- Practising Law Institute (PLI) announces the release of the new edition of Foreign Account Tax Compliance Act Answer Book, authored by Matthew D. Lee, Partner at Fox Rothschild LLP. The Answer Book offers a detailed analysis of the international tax compliance regime imposed by the Foreign Account Tax Compliance Act (FATCA), and its impact on foreign financial institutions, withholding agents, and U.S. citizens and residents with offshore bank accounts and investments.
The new edition provides the latest developments on FATCA implementation, and updates on due diligence as well as withholding and reporting obligations imposed upon foreign financial institutions. The Answer Book covers the process that foreign financial institutions use to register with the Internal Revenue Service. The new edition also explains how to design comprehensive programs in order to be compliant with FATCA. Written in a question-and-answer format, Foreign Account Tax Compliance Act Answer Book walks the reader through each and every aspect of the FATCA regime.
Matthew Lee is a former U.S. Department of Justice trial attorney who concentrates his practice on all aspects of white-collar criminal defense, federal tax controversies, financial institution regulatory compliance and complex civil litigation.
About Practising Law Institute – www.pli.edu
Practising Law Institute (PLI) is a nonprofit continuing legal education and professional business training organization, dedicated to providing the legal community and allied professionals with the most up-to-date, relevant information and techniques, through Seminars and Workshops, Live Webcasts, and On-Demand Learning, including interactive skills courses in the online Interactive Learning Center. PLI publishes comprehensive Treatises, Answer Books and practice-focused Course Handbooks, which are also available through Discover PLUS, its searchable online research database.
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SOURCE Practising Law Institute