Fund Managers Must Face The Reality Of FATCA — Now #GATCA

A fund manager tasked with assessing the U.S. Foreign Account Tax Compliance Act status and compliance of numerous funds must review not just the FATCA regulations but also the application of any Model 1 or Model 2 intergovernmental agreement — and funds only have until the end of 2014 to determine their status and obligations, say attorneys with Kilpatrick Townsend & Stockton LLP.

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