Nigel Green Launches Campaign to Repeal Obama-Era FATCA Law

If any country refuses to comply, FATCA provides for its financial sector to be hit with crippling penalties that will tank its economy.

FATCA, says Green, is “an extraterritorial diktat that burdens other countries’ financial institutions and their clients, which violates other countries’ sovereignty, and which is detrimental to their consumers and taxpayers.” 

He continues: “FATCA turns law-abiding, middle-class Americans living overseas,

FULL ARTICLE http://www.prnewswire.com/news-releases/nigel-green-launches-campaign-to-repeal-obama-era-fatca-law-300403383.html

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