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Clarity over role banks will play as US tax police

Georgina Bond
Tue, 22 Jan 2013

Banks and fund mangers have more clarity on the role they will play in the US taxman’s crackdown on tax evasion.

The United States Treasury has finalised regulations to implement the Foreign Account Tax Compliance Act, designed to catch US tax cheats.

FATCA is one of the largest pieces

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Georgina Bond
Tue, 22 Jan 2013
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Clarity over role banks will play as US tax police
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