Taxed By Collection


As the July 1 start of US Foreign Account Tax Compliance Act (Fatca) withholding approaches, firms are finding they have a large amount of data to collect, sort, evaluate and manage to comply with the law. Executives of service providers and investment firms working on tax data operations highlighted this issue at a breakfast briefing organized by SIX Financial Information and Inside Reference Data on March 18.

"Some classic underlying data issues are being revealed that we've known about for so

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