Full impact of FATCA to be known on Tuesday

Chennai, May 1 (IANS) The full impact of bank accounts getting blocked due to non-compliance with the Foreign Account Tax Compliance Act (FATCA) will be known on Tuesday or Wednesday, said a banker in a government-owned bank.

This would only be after banks across the country commence functioning on May 2 after the May Day holiday on Monday.


FULL ARTICLE https://www.canindia.com/full-impact-of-fatca-to-be-known-on-tuesday/


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