Kuwait’s financial establishments 100% committed to the US FATCA

KUWAIT: State Audit Bureau sources pointed that 100 percent of Kuwait’s financial establishments are committed to the US Financial Account Taxes Compliance Act (FATCA), and that almost the same percentage of individuals are committed too.

The sources added that the number of dual citizens renouncing their US citizenships to avoid FATCA is next to nothing and that US citizens and residents

FULL ARTICLE http://news.kuwaittimes.net/website/kuwaits-financial-establishments-100-committed-us-fatca/

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