This content is from: United States

UK says no to son of FATCA but David Cameron puts tax evasion on G8’s agenda

The UK government may be eager to help financial institutions comply with the Foreign Tax Compliance Act (FATCA) but it has rejected a call to introduce its own version of the US law. At the same time, the UK said the G8, of which it is the president in 2013, would focus on tax evasion.

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