Foreign Account Tax Compliance Act will COST more money than it recovers, warns CEO of deVere Group and Co …

Citing research from William Byrnes, a law professor at Texas AM, Mr. Green debunks the IRS claim that it has helped to collect $10 billion since 2009 from “taxpayers coming back into compliance.”  In his report Byrnes, as Mr. Green notes, believes FATCA’s net recovery could be as low as $100 million and the



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