Bid to globalize FATCA

KUWAIT CITY, Nov 20: Bankers around the world disclosed there is an international trend to globalize the Foreign Account Tax Compliance Act (FATCA) on foreign accounts of the Americans under the name Global Account Tax Compliance Act (GATCA), so most countries in the world, including Kuwait, can apply it on the income and investments of their citizens overseas, reports Al-Anba

FULL ARTICLE http://www.arabtimesonline.com/news/bid-globalize-fatca/

Tagged:

Comments are closed.