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2013 Jan 16 – Green

Nigel Green
Foreign banks rejoice: overreaching U.S. tax law in trouble
American Banker (16 Jan 2013)

<a href="http://www.americanbanker.com/bankthink/rejoice-fatca-overreaching-us-tax-law-in-trouble-1055877-1.html?zkPrintable=1&nopagination=1"http://www.americanbanker.com/bankthink/rejoice-fatca-overreaching-us-tax-law-in-trouble-1055877-1.html?zkPrintable=1&nopagination=1

Green cites “two clear reasons” for his belief that FATCA implementation could well fail: (1) Dept. of Treasury has failed to meet two of its own deadlines — September 2012 and end of 2012 (2) “only the U.K., Denmark, Ireland and Mexico, plus a handful of British crown dependencies, have signed FATCA’s required Intergovernmental Agreement.”

Written by usxcanada

16 January 2013 at 7:00 am

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