US Treasury finalizes tax anti-evasion rules, enforcement ahead

January 17, 2013 by  
Filed under Economy

Jan 17 (Reuters) – The United States published final rules on Thursday for a new global tax enforcement regime targeting the assets of U.S. taxpayers abroad.

The U.S. Treasury announcement finishes the rule-writing process for the Foreign Account Tax Compliance Act, or FATCA, which Congress passed in March 2010. The final rules were expected this month after delays last year.

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