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Extrait:
The U.S. Foreign Account Tax Compliance Act (FATCA) significantly changes the U.S. withholding tax system and imposes a new 30% withholding tax on certain U.S. source payments impacting Foreign Financial Institutions (FFIs) and Non-financial Foreign Entities (NFFEs) managing U.S. account holders and investors and/or transacting in US investments. It is part of the Hiring Incentives to Restore Employment (HIRE) Act.

FATCA enters into effect on January 1st, 2013 and will follow a phased implementation approach. FATCA calls for a wide range of measures, including ...