Lawyer Bruce Zagaris Discusses Recent GAO Report on FATCA

Bruce Zagaris, a partner with Berliner, Corcoran & Rowe LLP in Washington and a former lecturer with the University of the West Indies Faculty of Law, discusses a recently released report by the U.S. Government Accountability Office (GAO) about foreign asset reporting and the impact that an overlapping set of regimes has on U.S. taxpayers living and working abroad.

 

See: GAO Report Demonstrates That the United States Must Reform Foreign Asset Reporting,” Tax Notes International, May 27, 2019, pp. 861-869, published by Tax Analysts