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Tag: foreign assets

What is FATCA?

By Raphael Zazooti Posted on February 5, 2015 Posted in US Citizens Abroad No Comments Tagged with foreign assets, tax reporting, US citizens

FATCA is Foreign Account Tax Compliance Act, which is the US Government’s mandate that US people and organizations have to tell the IRS about their foreign assets. It’s enacted in collusion with foreign banks and trusts, so it means you …

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