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Foreign Account Tax Compliance Act

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U.S. Pushing Reforms at Cost of Other Countries - China Times

U.S. President Barack Obama vowed during his second-term inaugural speech earlier this week to continue with reforms, develop sustainable energy sources and make his country a fairer...

Should Canada Help the IRS Nab Tax Cheats? - Don Whiteley, Globe & Mail

FATCA represents the most egregious example of extra-territorial reach the U.S. has ever attempted. It will turn all the world’s banks into IRS auditors – at their own expense of course...

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