Thursday, June 25, 2015

FATCA One Year On: 48% of Americans Abroad Want a President Who Would Repeal It

As America’s highly controversial global tax law reaches its first birthday, almost half of Americans who live overseas would support a presidential candidate who vowed to move to repeal it, reveals a new survey by one of the world’s largest independent financial advisory organizations. In a global poll, deVere Group recently asked more than 370 of its American expatriate clients: Would you vote for a presidential candidate that opposed FATCA (the Foreign Account Tax Compliance Act) and pledged to seek its repeal? 48 per cent said ‘yes’, 29 responded ‘no’, and 23 per cent ‘didn’t know.’ There are a reported […]

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