European Union - The Impact of the US Foreign Account Tax Compliance Act (FATCA) on European Entities
- European Union,United States
- P. Eckl; J. Sambur
- European Taxation, 2012 (Volume 52), No 1
- 12 December 2011
This note addresses the potential impact of the US Foreign Account Tax Compliance Act on investment vehicles and multinationals situated in Europe, which contains provisions designed to prevent improper tax avoidance by US taxpayers that maintain accounts with non-US financial intermediaries or that make investments through non-US investment vehicles.