Foreign Account Tax Compliance Act...
The rules surrounding a law implemented by the US Treasury called the Foreign Account Tax Compliance Act (FATCA) changed on the 1st January 2017
The law is intended to combat tax evasion by US tax payers who have investments outside of the USA. Whilst our group of companies does not write business in the US territory, the Act applies to UK policies placed by US citizens or US residents and also brings in the risks including travel insurance were the policy extends to provide cover to anybody who visits the USA. We are required to make our FATCA forms available to any interested party.
Mason Owen Specialist Risks
Mason Owen Financial Services
Business Insurance Services
For more information call 0151 255 2600 or email mail@mofs.co.uk
For more information call 0151 255 2600 or email mail@mofs.co.uk
