FATCA Basics: Loans

 
Lexis Practice Advisor
August 2018

Douglas S. Stransky wrote “FATCA Basics:  Loans,” for Lexis Practice Advisor. In his practice note, Doug discusses the procedures that Foreign Financial Institutions should follow to ensure their loan transactions comply with the Foreign Account Tax Compliance Act (“FATCA”) found in Sections 1471 through 1474 of the U.S. Internal Revenue Code.