FATCA hurting Caribbean: Revoke it, Mr Trump

The United States Government passed the Foreign Account Tax Compliance Act (FATCA) in 2010 and has been implementing it vigorously.

FATCA requires US persons, including those living abroad, to file yearly reports on their non-US financial accounts to the Financial Crimes Enforcement Network. It also requires all foreign financial institutions to provide information on assets and transactions of US persons to

FULL ARTICLE http://www.jamaicaobserver.com/editorial/FATCA-hurting-Caribbean--Revoke-it--Mr-Trump_89267

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