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Tag: FATCA

12 Jul
Practical Tax And Filing Consequences Of New FATCA Legislation Taking Effect

Practical Tax And Filing Consequences Of New FATCA Legislation

FATCA Is Closing In.. The level of concern among Americans seems to be growing as the FATCA implementation deadline draws closer and more people are becoming more aware of the implications and possible consequences of this absurd legislation. The first consequence has to do with the 30% withholding when wiring funds to a non-U.S. bank [...]