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FATCA

  • June 9, 2015
  • Business
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1) What does the abbreviation FATCA mean? FATCA: Foreign Account Tax Compliance Act 2) What is FATCA? FATCA refers to the Foreign Account Tax Compliance Act. This legislation is part of the Hiring Incentives to Restore Employment Act and was enacted by the United States (“U.S.”) Congress on March 18, 2010. It aims to minimise
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