New Bloomberg BNA Portfolio Released Today On FATCA Includes Analysis From PwC - WOWK 13 Charleston, Huntington WV News, Weather, Sports

New Bloomberg BNA Portfolio Released Today On FATCA Includes Analysis From PwC

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SOURCE Bloomberg BNA

Bloomberg BNA and PwC Provide Guidance on FATCA for Tax Professionals

ARLINGTON, Va., June 23, 2014 /PRNewswire-USNewswire/ -- BNA today released a new Tax Management Portfolio, FATCA - Information Reporting and Withholding Under Chapter 4, in which distinguished international tax practitioners at PricewaterhouseCoopers LLP analyze the reporting and withholding requirements imposed by FATCA on both financial and non-financial institutions.  The Portfolio examines the historical context of the law and its objectives with an in-depth analysis of the obligations and requirements imposed on businesses around the world.  The Portfolio has been made available to all subscribers to the Bloomberg BNA Premier International Tax Library, the Foreign Income Portfolio Series and Bloomberg Law

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"FATCA is one of the most important and challenging tax issues facing businesses today and our subscribers can count on us to provide timely, thorough, and insightful coverage and in-depth analysis," said George Farrah, Bloomberg BNA Tax & Accounting Executive Editor.  "We've expanded coverage by releasing this new Tax Management Portfolio written by expert FATCA practitioners at PwC and our subscribers will benefit by having a resource that brings together the knowledge they need about FATCA - from a basic understanding and background to an in-depth analysis of FATCA's application and impact."

The Portfolio provides insights on the documentation, reporting and withholding requirements of FATCA and also reviews the impacts on several key industries.  The analysis further details types of U.S. and non-U.S. entities that are required to comply with FATCA's provisions and rules, as well as the types of transactions that trigger reporting.  By providing specific real-word examples, the Portfolio offers guidance to planners on when and how organizations would be subject to FATCA provisions.  The Portfolio is authored by PwC's Stephen A. Nauheim, Nils Cousin, Candace Ewell, Jon Lakritz, Rebecca Lee and Robert Limerick

The Bloomberg BNA Premier International Tax Library is a comprehensive resource that provides international tax practitioners and advisors with unparalleled analysis of emerging trends and tax topics, daily news reports and experts' commentary on developments, extensive coverage of major tax treaties, access to all relevant primary source materials, and unique practice tools.   Written by leading tax authorities, the Foreign Income Portfolio series provides practical analysis in virtually any scenario involving U.S. taxation of cross-border transactions.

About Bloomberg BNA
Bloomberg BNA, a wholly owned subsidiary of Bloomberg, is a leading source of legal, regulatory, and business information for professionals. Its network of more than 2,500 reporters, correspondents, and leading practitioners delivers expert analysis, news, practice tools, and guidance - the information that matters most to professionals. Bloomberg BNA's authoritative coverage spans a full range of legal practice areas, including tax & accounting, labor & employment, intellectual property, banking & securities, employee benefits, health care, privacy & data security, human resources, and environment, health & safety.

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