FATCA: Should we be concerned?
David Millar, risk trainer and former COO at PRMIA looks at the latest example of US regulatory exporting, and wonders why we are all having to help the US collect its taxes, and who is going to pay for it. January 16, 2012 | David MillarFATCA, the Foreign Account Tax Compliance Act, for US taxpayers – is not to be confused with fat cai. One is served at Chinese New Year, and the other is one of the best financial outsourcing initiatives around! Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Regulation, Risk and Regulationriskregulation,Risk and Regulation, Regulation,Risk and Regulation, Keywords:FATCA, US, Internal Revenue Service, Deutsche Bank, HSBC, Commerzbank, Credit Suisse, Tax Payment FATCA, US, Internal Revenue Service, Deutsche Bank, HSBC, Commerzbank, Credit Suisse, Tax Payment
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