American Citizens Abroad (ACA), a campaign group for US citizens living overseas, has called on the US Treasury Department to amend Fatca regulations which would allow US expats to hold bank accounts exempt from the stringent reporting standards.
Tag: Fatca
FATCA inches closer to law in Singapore
The Monetary Authority of Singapore (MAS) has published proposed regulations, enshrining Americas controversial tax Act FATCA into law.
HK US conclude FATCA talks sign pact
Hong Kong and the United States have concluded their discussions on the implementation of the Foreign Account Tax Compliance Act, with Hong Kong expected to sign a model 2 intergovernmental agreement later this year.
Singapore signs FATCA agreement
Singapore and the United States have signed an agreement which will enable Singapore-based financial institutions to more easily comply with the US Foreign Account Tax Compliance Act.