FATCA first steps
Dec 8, 2014
Bank CFOs watch out: FATCA compliance will hurt
CT talks to Angelica Kwan (pictured), US tax partner at PwC's Hong Kong office, on why CFOs at financial institutions should get ready for Uncle Sam’s latest attempt to levy a new 30% withholding tax on US-related deals.
Q: Why is America’s proposed Foreign Account Tax Compliance Act (FATCA) to catch US tax evaders so controversial?
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