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Know Your Acronyms.
- Source :
- Seattle Business; Jun2012, Vol. 23 Issue 6, p17-17, 1p
- Publication Year :
- 2012
-
Abstract
- In the article, the author discusses the U.S. international tax and reporting rules that cover American businesses operating internationally. She discusses such acronyms as CFC, which means controlled foreign corporation, PFIC, which means passive foreign investment company, and FATCA, which means Foreign Account Tax Compliance Act. She claims that the U.S. Internal Revenue Service (IRS) is committed to enforce the international tax law.
Details
- Language :
- English
- ISSN :
- 10484981
- Volume :
- 23
- Issue :
- 6
- Database :
- Supplemental Index
- Journal :
- Seattle Business
- Publication Type :
- Periodical
- Accession number :
- 76387083