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Global Information Reporting Consulting and Compliance
Tax information reporting and the automatic exchange of information between jurisdictions has emerged as one of the most significant issues facing U.S. domestic, multinational, and non-U.S. businesses today. Government taxing authorities worldwide are keen to ensure they receive their fair share of tax revenue derived from sources in their respective jurisdictions. While requirements and penalties for noncompliance vary by jurisdiction, the U.S. government, in particular, has launched campaigns focused on monitoring and enforcing rules, such as the Foreign Account Tax Compliance Act (FATCA). Additionally, more than 100 other jurisdictions have adopted the Common Reporting Standard (CRS). These regulations are driving a wave of disruption that is reshaping the way companies manage risk associated with cross-border transactions.
RSM can help navigate this web of regulatory uncertainty. Working closely with professionals across risk advisory, technology and other tax areas our global information reporting and withholding professionals serve as a unified point of contact with the knowledge and access to deliver compliance programs and assessments with technology answers that you can count on.
Taking a global approach to FATCA and CRS compliance
Clients turn to RSM for a globally integrated approach to FATCA and CRS compliance, leveraging our network of international tax, FATCA, and CRS professionals from key markets around the world including Luxembourg, the United Kingdom, Cayman Islands, and Hong Kong. We work with clients to assess their needs, manage risks and monitor response options that align with their global footprint.