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UK, Switzerland, Japan align with US on FATCA, Hong Kong and Singapore still to decide

If there was any doubt regarding the seriousness of the US Treasury’s intent to mop up taxes from wealthy but errant citizens, the latest intergovernmental agreement (IGA) should conclusively put these to rest. The IGA expands on an in-principle agreement first announced by the US in February between itself and the UK, France, Germany, Italy and Spain. In June, Japan…

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