FATCA and Extra-territorial Taxation #GATCA

FATCA and extra-territorial taxation Generally the question of whether one is a “U.S. person” (citizen, Green Card Holder, resident, substantial presence test) is determined under U.S. law. FATCA has the effect of enforcing the taxation of “U.S. persons” who reside outside the U.S. By changing the definition of “U.S. person”, the U.S. can increase the […]

via The Isaac Brock Society http://bit.ly/1vW32SC