Cantor Webb will work with Markit | CTI Tax Solutions to expand its offerings related to the classification and compliance with the Foreign Account Tax Compliance Act (“FATCA”) and the Common Reporting Standard (“CRS”). This will enable broader representation forexisting as well as new clients who need to comply with unprecedented levels of regulatory initiatives, which are designed to promote tax transparency.
Markit | CTI Tax Solutionshas participated in numerous committees and working groups including the IRS Electronic Tax Administration Advisory Committee (“ETAAC”), the IRS Information Reporting Public Advisory Committee (“IRPAC”), the OECD CRS Working Group, and the HMRC FATCA Working Group. Through its products and services, it provides customers with the tools they need to comply with evolving regulatory requirements.
“Now, more than ever, clients need experienced advisors with a practical, global focus designed to assist them in successfully navigating these complexities”, said Cantor & Webb, an international tax and estate planning law firm focused on the representation of high net worth international private clients.