Foreign Account Tax Compliance Act FATCA Regulations The Foreign Account Tax Compliance Act, or FATCA created in 2010 is a United States federal law that requires non-American financial entities to search their records for connections to the United States. The purpose of FATCA is to encourage more accurate and overall better tax compliance by preventing […]
46th President of the United States, Joe Biden has announced a three-part program that uses tax policy changes within the United States to fund crucial programs that are designed to modernize the American economy. One part that has been officially enacted was the American Rescue Plan. You can read more about the American Economic Recovery
Biden’s Tax Reforms Read More »
American Bank Account There may be many reasons that an individual would want to open up an American Bank Account while being a Citizen of a foreign nation. Starting in 1964 with The Civil Rights Act, it has been possible for private companies and foreign nationals to open up a bank account in the United
Opening an American Bank Account as an Israeli Citizen Read More »
