ACA submitted suggestion for improvements to FATCA at the request of Congressman Meadows
ACA continues to advocate for a Same Country Exemption with the Treasury Department and recently submitted testimony to the House Subcommittee on Government Operations at its April 26th hearings, ”Reviewing the Unintended Consequences of the Foreign Account Tax Compliance Act (FATCA),' summary provided here. At the hearing, Chairman Meadows requested that suggestions for improvements to FATCA be submitted. ACA submitted to the Subcommittee its thinking on the subject.
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