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Foreign Tax Compliance Reporting — FATCA vs. CRS

FICO

You would think one system would be enough to manage foreign tax compliance. In 2010 the IRS (Internal Revenue Service) started to define the details of FATCA (Foreign Account Tax Compliance Act). CRS reporting is more of a regional topic (e.g., Managing FATCA/CRS Regulations with One Tax Compliance & Reporting System.

Taxes 53
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242 Startup Failure Post-Mortems

CB Insights

After Amazon announced in March that it was planning to shut down Diapers.com and all the other eCommerce sites operated by Quidsi, the company it acquired in 2010 — the online retailer has pulled all of the Quidsi apps from its app store. Title: ChaCha, unable to find financial answers, shuts down operations. Product: Quidsi.

Company 78