{"id":1375,"date":"2020-07-17T15:07:14","date_gmt":"2020-07-17T19:07:14","guid":{"rendered":"http:\/\/ielrblog.com\/?p=1375"},"modified":"2020-07-17T15:07:14","modified_gmt":"2020-07-17T19:07:14","slug":"matthew-d-lee-authors-2020-update-to-fatca-answer-book","status":"publish","type":"post","link":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/","title":{"rendered":"Matthew D. Lee Authors 2020 Update to FATCA Answer Book"},"content":{"rendered":"
\n
\n
\n
POSTED IN\u00a0FOREIGN ACCOUNT TAX COMPLIANCE ACT (FATCA)<\/a><\/div>\n
Originally published on
\n
\n
\n
\n
\n
\n
\n
\n

Fox Rothschild LLP Partner Matthew D. Lee authored an updated version of the\u00a0Foreign Account Tax Compliance Act Answer Book<\/em><\/a>, which summarizes the latest developments with respect to the FATCA regulatory framework, including new regulations issued in early 2020 and the current status of negotiations of intergovernmental agreements to enforce FATCA around the globe.<\/p>\n

The update includes discussion of enforcement efforts by the Internal Revenue Service, such as a new compliance campaign aimed at FATCA reporting by foreign financial institutions, as well as which foreign entities are required to submit FATCA compliance certifications to the IRS; how a Responsible Officer submits a FATCA compliance certification to the IRS; and what procedures are used by the IRS to review FATCA compliance certifications. It also addresses FATCA reporting deadline extensions granted to foreign financial institutions in 2020 in light of the COVID-19 pandemic.<\/p>\n

Lee is a former U.S. Department of Justice trial attorney who serves as Co-Chair of the firm\u2019s White-Collar Criminal Defense & Regulatory Compliance Practice. He handles all aspects of white-collar criminal defense, federal tax controversies, financial institution regulatory compliance and complex civil litigation.<\/p>\n

For more information, please contact Lee directly at\u00a0mlee@foxrothschild.com<\/a>\u00a0or visit the\u00a0PLI website<\/a>.<\/p>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

POSTED IN\u00a0FOREIGN ACCOUNT TAX COMPLIANCE ACT (FATCA) Originally published on July 15, 2020. Fox Rothschild LLP Partner Matthew D. Lee authored an updated version of the\u00a0Foreign Account Tax Compliance Act Answer Book, which summarizes the latest developments with respect to the FATCA regulatory framework, including new regulations issued in early 2020 and the current status […]<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":{"0":"post-1375","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"yoast_head":"\nMatthew D. Lee Authors 2020 Update to FATCA Answer Book | IELR Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Matthew D. Lee Authors 2020 Update to FATCA Answer Book | IELR Blog\" \/>\n<meta property=\"og:description\" content=\"POSTED IN\u00a0FOREIGN ACCOUNT TAX COMPLIANCE ACT (FATCA) Originally published on July 15, 2020. Fox Rothschild LLP Partner Matthew D. Lee authored an updated version of the\u00a0Foreign Account Tax Compliance Act Answer Book, which summarizes the latest developments with respect to the FATCA regulatory framework, including new regulations issued in early 2020 and the current status […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/\" \/>\n<meta property=\"og:site_name\" content=\"IELR Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/m.facebook.com\/intlenforcementlawreporter\/?ref=bookmarks\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-17T19:07:14+00:00\" \/>\n<meta name=\"author\" content=\"Matthew D. Lee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ielr\" \/>\n<meta name=\"twitter:site\" content=\"@ielr\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Matthew D. Lee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/\"},\"author\":{\"name\":\"Matthew D. Lee\",\"@id\":\"https:\\\/\\\/ielrblog.com\\\/#\\\/schema\\\/person\\\/ff68f2e6e91ceda04541487c4de93b21\"},\"headline\":\"Matthew D. Lee Authors 2020 Update to FATCA Answer Book\",\"datePublished\":\"2020-07-17T19:07:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/\"},\"wordCount\":221,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/\",\"url\":\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/\",\"name\":\"Matthew D. Lee Authors 2020 Update to FATCA Answer Book | IELR Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ielrblog.com\\\/#website\"},\"datePublished\":\"2020-07-17T19:07:14+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/ielrblog.com\\\/#\\\/schema\\\/person\\\/ff68f2e6e91ceda04541487c4de93b21\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/2020\\\/07\\\/17\\\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/ielrblog.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Matthew D. Lee Authors 2020 Update to FATCA Answer Book\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ielrblog.com\\\/#website\",\"url\":\"https:\\\/\\\/ielrblog.com\\\/\",\"name\":\"IELR Blog\",\"description\":\"Official Blog of the International Enforcement Law Reporter\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ielrblog.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ielrblog.com\\\/#\\\/schema\\\/person\\\/ff68f2e6e91ceda04541487c4de93b21\",\"name\":\"Matthew D. Lee\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e46cac288a68a45fd36c651bf2a567de115deaba6f34cb8d0e5ac589fa51e488?s=96&d=monsterid&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e46cac288a68a45fd36c651bf2a567de115deaba6f34cb8d0e5ac589fa51e488?s=96&d=monsterid&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/e46cac288a68a45fd36c651bf2a567de115deaba6f34cb8d0e5ac589fa51e488?s=96&d=monsterid&r=g\",\"caption\":\"Matthew D. Lee\"},\"url\":\"https:\\\/\\\/ielrblog.com\\\/index.php\\\/author\\\/mlee\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Matthew D. Lee Authors 2020 Update to FATCA Answer Book | IELR Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/","og_locale":"en_US","og_type":"article","og_title":"Matthew D. Lee Authors 2020 Update to FATCA Answer Book | IELR Blog","og_description":"POSTED IN\u00a0FOREIGN ACCOUNT TAX COMPLIANCE ACT (FATCA) Originally published on July 15, 2020. Fox Rothschild LLP Partner Matthew D. Lee authored an updated version of the\u00a0Foreign Account Tax Compliance Act Answer Book, which summarizes the latest developments with respect to the FATCA regulatory framework, including new regulations issued in early 2020 and the current status […]","og_url":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/","og_site_name":"IELR Blog","article_publisher":"https:\/\/m.facebook.com\/intlenforcementlawreporter\/?ref=bookmarks","article_published_time":"2020-07-17T19:07:14+00:00","author":"Matthew D. Lee","twitter_card":"summary_large_image","twitter_creator":"@ielr","twitter_site":"@ielr","twitter_misc":{"Written by":"Matthew D. Lee","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/#article","isPartOf":{"@id":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/"},"author":{"name":"Matthew D. Lee","@id":"https:\/\/ielrblog.com\/#\/schema\/person\/ff68f2e6e91ceda04541487c4de93b21"},"headline":"Matthew D. Lee Authors 2020 Update to FATCA Answer Book","datePublished":"2020-07-17T19:07:14+00:00","mainEntityOfPage":{"@id":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/"},"wordCount":221,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/","url":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/","name":"Matthew D. Lee Authors 2020 Update to FATCA Answer Book | IELR Blog","isPartOf":{"@id":"https:\/\/ielrblog.com\/#website"},"datePublished":"2020-07-17T19:07:14+00:00","author":{"@id":"https:\/\/ielrblog.com\/#\/schema\/person\/ff68f2e6e91ceda04541487c4de93b21"},"breadcrumb":{"@id":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ielrblog.com\/index.php\/2020\/07\/17\/matthew-d-lee-authors-2020-update-to-fatca-answer-book\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ielrblog.com\/"},{"@type":"ListItem","position":2,"name":"Matthew D. Lee Authors 2020 Update to FATCA Answer Book"}]},{"@type":"WebSite","@id":"https:\/\/ielrblog.com\/#website","url":"https:\/\/ielrblog.com\/","name":"IELR Blog","description":"Official Blog of the International Enforcement Law Reporter","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ielrblog.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ielrblog.com\/#\/schema\/person\/ff68f2e6e91ceda04541487c4de93b21","name":"Matthew D. Lee","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/e46cac288a68a45fd36c651bf2a567de115deaba6f34cb8d0e5ac589fa51e488?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e46cac288a68a45fd36c651bf2a567de115deaba6f34cb8d0e5ac589fa51e488?s=96&d=monsterid&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e46cac288a68a45fd36c651bf2a567de115deaba6f34cb8d0e5ac589fa51e488?s=96&d=monsterid&r=g","caption":"Matthew D. Lee"},"url":"https:\/\/ielrblog.com\/index.php\/author\/mlee\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pas6ng-mb","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/posts\/1375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/comments?post=1375"}],"version-history":[{"count":1,"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/posts\/1375\/revisions"}],"predecessor-version":[{"id":1376,"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/posts\/1375\/revisions\/1376"}],"wp:attachment":[{"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/media?parent=1375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/categories?post=1375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ielrblog.com\/index.php\/wp-json\/wp\/v2\/tags?post=1375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}