How much revenue has FATCA raised and at what offsetting compliance costs?


The Foreign Account Tax Compliance Act, referred to as FATCA, does not operate in a global tax vacuum. It is nearly impossible to comprehend fully its impact unless its highly technical procedural provisions are viewed in context. This introductory chapter will provide the context necessary to understand FATCA, its offspring like the OECD’s CRS, and the impact of these initiatives. download the 130 page PDF chapter from SSRN here.