Uncategorized

June 3, 2014
by joshbennett

FATCA—Should You Be Worried?

Unlike most other developed countries in the world, the US taxes its citizens who live abroad, insisting on their paying income tax on foreign earned income, be that salary or investment income. FATCA, or the Foreign Account Tax Compliance Act, was passed in 2010 in an ongoing effort to clamp down on tax evasion abroad, […]

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