Additionally, Luxembourg RFIs are now required to keep a register of the actions and evidence used to comply with their reporting obligations for a period of ten years from the end of the calendar year in which they were required to report. Not only does this apply to both FATCA and ...
The author represents a number of clients in ongoing litigation against the excessive nature of public registers of beneficial ownership, the US Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS). Cases are pending before the courts in Austria, Germany, Luxembourg ...
Under the Luxembourg laws of 24 July 2015 on the US Foreign Account Tax Compliance Act (“FATCA Law”) and 18 December 2015 on the OECD common reporting standard (“CRS Law”), adopted, respectively, to implement an agreement between the United States (“U.S.”) and the Luxembourg governm...
Both Clearstream Banking S.A. (CBL) and Clearstream Banking AG (CBF) are recognised as being FATCA compliant under FATCA regulations, as both entities are incorporated in countries (Luxembourg and Germany respectively) that have signed a Model I IGA with the U.S.A. In addition, both entities...
To FATCA, and chapter 7A: Information Reporting. Frank van Kuijk, Esq. Frank van Kuijk, tax adviser, is a member of the Tax practice group. He specializes in international tax law, predominantly Luxembourg-oriented. He advises a wide range of multinationals and private equity funds with ...
22 Feb 2021 News Filippo Noseda featured in Luxembourg news on register of… 10 Feb 2021 News eprivateclient 50 Most Influential 2021: Filippo Noseda 2 Feb 2021 News CRS, FATCA and beneficial ownership registers: The battle… 1 Feb 2021 Navigate...
EMEA Deloitte LLP + 44 20 7303 2848 Eric Centi FATCA/CRS Tax Partner, Luxembourg Deloitte LLP +352 45145 2162 Umair Hameed FATCA FAS Leader, Middle East Deloitte Corporate Finance Ltd +971 4 5064878 Markus Weber Financial Services Industry Tax Leader, Switzerland Deloitte AG +41 58 279 7527 ...
Germany: Updated CRS communication manual The federal central tax office issued common reporting standard updates in a newsletter. March 19, 2024 News Luxembourg: Tax authorities begin FATCA and CRS audits Audits involve thorough reviews of policies, controls, procedures, and IT systems ...
Under the Luxembourg laws of 24 July 2015 on the US Foreign Account Tax Compliance Act (“FATCA Law”) and 18 December 2015 on the OECD common reporting standard (“CRS Law”), adopted, respectively, to implement an agreement between the United States (“U.S.”) and the Luxembourg governm...
Gibraltar, Isle of Man, Montserrat, Bulgaria, Estonia, Portugal, Greece, Czech Republic, Luxembourg, Austria and Hungary As recent events have shown we need to take firm collective action on increasing beneficial ownership transparency, building on our actions to date. Criminals continue to find way...