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Goldburd McCone LLP
New York City Tax Lawyers

June 2017 Archives

American Citizens with Foreign Accounts Must Comply with FATCA

The federal government devotes extensive time and resources to ensure that American taxpayers with foreign holdings pay appropriate taxes on these accounts. The Foreign Account Tax Compliance Act (FATCA) is one of the primary laws in this field. FATCA imposes many responsibilities on individual and business taxpayers with foreign holdings.

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