Some Basic Responsibilities for a Responsible Officer
Being a QI and Responsible Officer is not just about signing a bit of paper and filing this away….it is an on-going and ever developing regime. The ever-developing nature of the IRC Chapter 3 (QI regime), FATCA and now CRS & AEoI (informally know as GATCA)...
The Impact of Failing to Report Correctly
In this episode, your host Ross McGill brings you an overview of developments in the global regulatory landscape. We look at the changes in the penalties issued by the IRS for failure to report, how globally standardised issuing of documentation can be beneficial to...
Tax Reporting Does ACTUALLY Matter
Regulation… regulation… sorry, what’s that? More regulation? You think that tax evaders get away with it? Or that your reports as a Foreign Financial Institution (FFI) are not monitored? Well, think again! FATCA and now CRS together with the...
Go To Jail Free Card
One of the most frequent excuses for NQIs not complying with reporting obligations, over and above lack of awareness, has always been the failure of the IRS to penalise firms for problems in filing. I thought the community should be aware that we are now starting to...NEW RELEASE
Ross McGill, Chris Haye and Stuart Lipo explore the global anti-tax evasion frameworks BEPS, CRS, AEoI, FATCA and examine the practical operational issues these frameworks present in: GATCA: A Practical Guide to Global Anti-Tax Evasion Frameworks.