Browsing Tag

FATCA

FATCA in Effect, Financial Surveillance Spans 70 Nations

Belén Marty Jul 8, 2014 31

EspañolOn July 1, the Foreign Account Tax Compliance Act (FATCA) went into effect in the United States. The law aims to take action against tax evasion by US persons who hold foreign bank accounts. Since its enactment, the law has been a…
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“A One World Taxation System Run By the Most Powerful Country Is a Great Idea”

Andrew Woodbury Jan 13, 2014 7

The lives of US Americans living outside their country’s borders will soon become a lot more difficult. On July 1, the Foreign Account Tax Compliance Act (FATCA) will take effect, obligating all international financial institutions…
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