Resumen de Macau: : The impact of Fatca.

Lei Wun Kong, Nuno Soares da Veiga

• The article reports on the U.S. government's enactment of the Foreign Account Tax Compliance Act (FATCA) and looks at how complying with it could affect financial institutions (FI) in Macau. Topics covered include the percentage of withholding tax facing non-compliant foreign FI, and the use of FATCA to attack tax evasion of U.S. taxpayers.