Who Will Really be Snared by FATCA?

 
Investment Week
August 20, 2012

Douglas S. Stransky wrote an article entitled "Who Will Really be Snared by FATCA?," which appeared in the August 20 edition of Investment Week

In the article, Mr. Stransky discussed the Foreign Account Tax Compliance Act (FATCA), one of the most wide-ranging attempts to weed out money hidden offshore that the U.S. has ever attempted. The article highlights key points of the new law and notes that compliance will be difficult and result in many unintended consequences.