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EW8: A silver bullet for Asia’s FATCA woes?

US-headquartered Brown Brothers Harriman (BBH), a service provider to private banks in Asia, is distributing a unique product underpinned by a series of Memorandums of Understanding with the IRS in the United States that ensures a private bank that complies with the EW-8 system, is in fact compliant with the IRS guidelines. Termed EW-8 – after the W-8 Internal Revenue…

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