The Challenges of GATCA

The Challenges of GATCA

The global anti-tax evasion frameworks that comprise GATCA have as many commonalities as they have differences, so it makes sense to approach regulatory compliance in a holistic fashion.

In this post, we explore how smaller firms are responding to the pressures of compliance…

FATCA Misconceptions

FATCA Misconceptions

For some within the industry, the mere mention of ‘FATCA’ is enough to spark compliance-nightmare flashbacks.

The ever unpopular FATCA regulations have now been with us for seven years. But, despite its relative longevity, there are a surprising number of misconceptions surrounding FATCA….

The Impact of Failing to Report Correctly

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...
Are You About To Lose Your ‘In Substance’ Benefits?

Are You About To Lose Your ‘In Substance’ Benefits?

Back in 2015 I pointed out to attendees at our training courses that there were strings attached to the status of ‘in substance’. I observed that the principle, if I were to take a purely commercial view of it, appeared to a face-saving measure for the IRS if there...
GATCA Newsletter – Why Subscribe?

GATCA Newsletter – Why Subscribe?

“With great power comes great responsibility.” So, with the launch of the GATCA Library and the associated GATCA App (the offline version of the library and currently on any iOS device) we have taken the responsibility of the power and are issuing a...