September 23rd, 2015 – Belize Bankers Association Press Release
Belize City, Belize (September 22nd, 2015)—-In light of recent articles appearing in both the domestic and international press in relation to US banks de-risking and to the United States Internal Revenue Service (IRS) petition for permission to seek records of certain U.S Banks in relation to US residents who may have had bank accounts in Belize and did not fully comply with the U.S tax law the Bankers Association of Belize would like to make the following statements.
February 10, 2015 – The 10 best countries for living and working abroad
Wake up to picturesque views before jumping into the day’s work in this small developing country. Retirees and tourists flock to this affordable island where it’s possible to live on $1,500 a month. The US dollar is accepted as currency in most businesses and, as a former British colony, the people speak English.
October 21, 2014 – iExpats
If you are a US taxpayer with overseas bank accounts or investments, you need to take immediate steps to show you are reporting your overseas earnings to avoid tax penalties under Foreign Account Tax Compliance Act (FATCA). Now FATCA is in full swing with foreign financial institutions filing reports on the financial activities of their US clients, any failing to confirm their tax status faces the risk of being reported to the Internal Revenue Service (IRS).
August 19, 2014 – FATCA: A US Regulation That’s Having a Global Impact
By: Mark Davis
FATCA has raised the stakes for data quality and the need for “clean data.”