FATCA Readiness: Far From Where It Should Be?

TaxWatch | June 28, 2012

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This report summarizes the results of KPMG TaxWatch webcast audience polling about the FATCA proposed regulations that were released in February 2012. The polling results are broken down by industry—bankers, investment managers and insurers. The results are surprising both in the relative unanimity among the respondents that the FATCA rules are far from complete and in the disparate degree of confidence in their ability to achieve timely compliance between the bankers and the others.

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