Why Americans Abroad Want Trump to Act on FATCA

President-elect Donald Trump could make a whole lot of friends abroad if he did away with just one of President Barack Obama’s measures: the Foreign Account Tax Compliance Act.

Better known as FATCA, the law was passed in 2010, went into effect in July 2014 and ordered all non-U.S. financial institutions (including banks, insurance companies, investment funds and pension funds) to

FULL ARTICLE https://www.thestreet.com/story/13915012/1/why-americans-abroad-want-trump-to-act-on-fatca.html

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