Business
The Bahamas nears full compliance of FATCA
Friday, January 24, 2014
“We encourage all in the financial services industry to continue to become educated on the requirements of FATCA to ensure the readiness of their institutions,” the statement added.
FATCA targets tax non-compliance by US taxpayers with foreign accounts and focuses on reporting by US taxpayers about certain foreign financial accounts and offshore assets. -(CMC)
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