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Advisers to benefit from FATCA deal
Friday 26th of October 2012
As tipped by Good Returns, the government has announced it will look to negotiate a FATCA (Foreign Account Tax Compliance Act) tax information agreement with the United States.
The Act requires overseas financial institutions such as New Zealand banks, life insurers or managed funds to enter into agreements with the US’s Internal Revenue Service (IRS) and US Treasury to provide...
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