FATCA enforced in Curacao, what is it? | Caribbean News Now

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By Josefina Josepha
Caribbean News Now Curacao correspondent

WILLEMSTAD, Curacao — FACTA is now being enforced in Curacao as of August 3, 2016.

What is FATCA?

FATCA is the acronym for the Foreign Account Tax Compliance Act passed by the US Congress in 2010, and its function is to “detect, deter and discourage offshore tax

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