Taxing Trade

 
Trade & Forfaiting Review
May 2, 2014

Douglas S. Stransky and Geoffrey Wynne wrote an article entitled “Taxing Trade,” which appeared in the May 2, 2014 edition of Trade & Forfaiting Review. In the article, the authors analyze the impact on trade finance as a result of the July 1, 2104 worldwide implementation of the Foreign Account Tax Compliance Act (FATCA). The article discusses privacy issues, particularly in the U.K., and then considers whether in trade finance transactions the borrower or the lender should bear the FATCA risk.

This article appeared in the May issue of Trade & Forfaiting Review and is linked here with permission.