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Only 1 In 10 Offshore Banks Still Allowing U.S. Citizens, Residents To Open Accounts?

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Earlier this week, I was reading an article on The Nestmann Group’s website entitled “Why FATCA Is a Train Wreck Waiting to Happen.” Offshore expert Mark Nestmann was discussing the Foreign Account Tax Compliance Act (targets tax non-compliance by U.S. taxpayers with foreign accounts by focusing on taxpayer and foreign financial institution reporting) when he […]

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