The Financial Account Tax Compliance Act (FATCA) represents a critical measure in the global fight against tax evasion. Enacted by the U.S. Congress in 2010, FATCA requires foreign financial institutions (FFIs) to report information about financial accounts held by U.S. taxpayers or foreign entities with substantial U.S. ownership. Recently, the Thai Revenue Department has begun … Continue reading FATCA in Thailand: Enhancing Tax Compliance and Transparency