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Jones Day

138 MARKET STREET, LEVEL 28 CAPITAGREEN, SINGAPORE, 048946, SINGAPORE
Tel:
Work +65 6538 3939
Fax:
Fax +65 6536 3939
Email:
Web:
www.jonesday.com
  • Number of lawyers: 2,500+
  • at this office: 36
  • Languages
  • English
  • French
  • Bengali
  • Cantonese
  • Hindi
  • Japanese
  • Mandarin
  • Taiwanese
  • Filipino
  • Gujarati
  • Hokkien
  • Indonesian (Bahasa Indonesia)
  • Kannada
  • Malay (Bahasa Malaysia)
  • Mongolian
  • Member
  • AmCham American Chamber of Commerce
  • ABLI Asian Business Law Institute
  • SBF – Singapore Business Federation
  • SICC Singapore International Chamber of Commerce

Above material supplied by Jones Day.

Legal Developments by:
Jones Day

  • US rules regarding offshore accounts

    The Hiring Incentives to Restore Employment Act 2010, enacted on 18 March 2010, imposes a new US withholding tax and reporting regime, known as the Foreign Account Tax Compliance Act (FATCA). The FATCA regime applies generally to payments made after 31 December 2012, except on obligations (to be defined in future guidance) outstanding on 18 March 2012. Substantial effort is required by foreign entities to bring their worldwide operations and policies into compliance with the FATCA rules as of the effective date.

    - Jones Day

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