FATCA: Difference between revisions
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imported>Doug Williamson (Create the page. Source: The Treasurer Dec 2013/January 2014, page 46.) |
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Revision as of 10:41, 3 December 2013
The US Foreign Account Tax Compliance Act.
FATCA is designed to combat tax avoidance and tax evasion by United States taxpayers, through their holdings of bank accounts and other financial assets outside of the US.
FATCA imposes reporting, compliance and withholding tax obligations on non-US financial institutions and groups.
