Why US Federal Excise Tax matters to Europe
The US Internal Revenue Service is keen to combat tax evasion and is tightening its federal excise tax enforcement procedures. Asher Harris looks at affect FET has on European insurers doing business with US firms and the resultant cascading effect.
In the current corporate governance climate, clients are placing increasing levels of pressure on insurers and brokers to deliver assured international tax compliance. Clients know that the
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