Prominent US Lawmakers Urge President Trump to Repeal FATCA

Prominent US Lawmakers Urge President Trump to Repeal FATCA

Rep. Mark Meadows and Sen. Rand Paul have sent a letter to Treasury Secretary Steven Mnuchin and OMB Director Mick Mulvaney urging President Trump take action to “mitigate the ongoing damage” caused by the Foreign Account Tax Compliance Act (FATCA) and quickly repeal the law.

FATCA is designed

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