Uncertainty Persists on Grandfathered Obligations Under FATCA, U.S. Practitioner Says
Douglas S. Stransky was quoted in an article published by Worldwide Tax Daily on May 23, 2013. The article entitled "Uncertainty Persists on Grandfathered Obligations Under FATCA, U.S. Practitioner Says," discusses Mr. Stransky's presentation during Sullivan & Worcester's 6th Annual Worldwide Tax Update. In his presentation, Mr. Stransky noted that withholding agents remain uncertain about what constitutes a "substantial modification" to grandfathered obligations when considering whether some payments are still exempt from withholding under the Foreign Account Tax Compliance Act (FATCA).
In addition, World Tax Daily also published an article on May 28, 2013. The article entitled "BRIC Practitioners Shine Spotlight on Important Tax Updates," discussed the recent tax developments in Brazil, Russia, India and China that the speakers from each jurisdiction presented during the conference in Boston.