Executive management don’t often value information technology, but ICT can offer real gains for the Caribbean business.
Facts about FATCA How we in the Caribbean are likely to suffer for it!
The Foreign Asset Tax Compliance Act (FATCA) requires foreign financial institutions (FFI) to identify any account holders who are U.S. citizens and to disclose their account information to the US Internal Revenue Service (IRS). FATCA has many implications to foreign companies, and especially us in the Caribbean region.