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The Foreign Account Tax Compliance Act - FATCA - (http://blog.hvb.de/fatca) identifies US citizens living abroad to impose tax payments. FATCA was implemented on July 1st 2014. FATCA explained: 00:00 Explaining the acronym FATCA "Foreign Account Tax Compliance Act" 00:21 Problem: USA is dealing with a budget deficit 00:36 One possible solution ...
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