Economists warned: Higher prices if FATCA Bill not passed

Rosemarie Sant

Higher food prices, loss of investor confidence and a worsening of the country’s already bleak foreign exchange situation are among the repercussions TT could face if the Tax Information and Exchange Agreement (TIEA) Bill, 2016, is not debated and passed by Parliament ahead of the September 30 deadline for Foreign Account Tax Compliance Act (FATCA) legislation to take effect.

That

FULL ARTICLE https://www.guardian.co.tt/news/2016-09-24/economists-warned-higher-prices-if-fatca-bill-not-passed

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