Comment & Analysis
Regulation, Risk & Compliance
Tax
Uncategorized
FATCA and Common Reporting Standard in Kuwait
The Financial Account Tax Compliance Act, spearheaded by the United States Internal Revenue Services has been in play since 2014. The aim of FATCA is to identify individuals who are US residents/citizens and using financial accounts outside of the US – essentially flagging individuals who could be avoiding/evading tax…
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Click here to read the full story: Kuwait Times