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Banks can hope to be spared some costs when they help the US taxman's crackdown on tax evasion.
Cabinet this week agreed to lodge an expression of interest in negotiating an information agreement with the US over its Foreign Account Tax Compliance Act (FATCA).
New Zealand banks, life
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Georgina Bond
Wed, 31 Oct 2012
Wed, 31 Oct 2012
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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NZ to help catch American tax cheats
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