Fatca American expats
February 6, 2013
Last month, I commented that the implementation of FATCA, America’s new and toxic tax act which will negatively impact the seven million American expats around the world as well as the global economy, appeared to be “losing momentum.”
This week, I’m pleased to say, there is further evidence that this highly polemic piece of legislation is faltering before it is due to come into effect on 1st January 2014. Last month, I commented that the implementation of FATCA, America’s
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