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US Foreign Account Tax Compliance Act

Expatriate Tax Sense or Broad-Brush Overreach: The U.S. Foreign Account Tax Compliance Act (FATCA)

Wendy N. Powell | Posted 10.27.2014 | Politics
Wendy N. Powell

In an attempt to close a gap that foreign investors could use for tax avoidance in the proverbial Swiss bank, we now have a worldwide system of taxation enforcement trailing to the IRS.