Fatca | Nigel Green | Nigel Green deVere| deVere Nigel Green blog |
October 18, 2012
FATCA Concern Grows
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Americans around the World are increasing concerned about FATCA it seems to me.
Banks are refusing Americans living abroad as clients, due to the onerous paperwork involved. Americans themselves wonder if there own Government, in an attempt stop a few people avoid tax, are actually damaging the American expat population as a whole. America needs its companies driving into the new markets to balance its books. Instead the US seems to be damaging the very people it needs with onerous legislation.
Over the last six months, we have received a 22 per cent
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