How free are the citizens of the “land of the free”? We here at Q Wealth have reported on a bit of legislation called FATCA (the Foreign Account Tax Compliance Act) many times. If you need a reminder as to what FATCA is we’ve described it before as, “ America’s most daring extra-territorial legislation ever, FATCA (the Foreign Account Tax Compliance Act) that aims, seriously, to draft all banks and other financial institutions in the rest of the world as unpaid spies and tax collectors.”
http://www.onlywire.com/r/114554847
No comments:
Post a Comment