A very compelling article about the impact of FATCA. Worth the read, especially if you are a US person living in Canada.
- #FATCA wreaking havoc on the economies of other nations (intaxicating.wordpress.com)
Almost all people (“Homelander Elite Corp” members excepted) agree that FATCA is bad.
To be specfiic:
Everybody understands that FATCA is damaging to U.S. persons abroad.
Some understand that FATCA will result in GATCA which will damage the economy of the Homeland.
Few understand how FATCA is damaging the economies of other sovereign nations.
I came across this interesting post at the Isaac Brock Society:
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