Post Olympics, Brits Even Embrace FATCA
- Tuesday, August 28, 2012, 3:19
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It’s hard to whisper FATCA—shorthand for the Foreign Account Tax Compliance Act—without sparking curse words. U.S. expats hate it since some foreign banks just shut out Americans they see as more trouble than they’re worth. See FATCA Makes Banks Shut Out Americans. Financial institutions hate it for the high standards and hassles it causes. See FATCA Carries Fat Price Tag.
http://www.forbes.com/sites/robertwood/2012/08/27/post-olympics-brits-even-embrace-fatca/
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