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Miami Financial Centre – Squeeze coming on Foreign Individuals with US Bank Accounts

by cpaofmiami | Dec 8, 2014 | International Taxes - Expat Tax Compliance, Tax Compliance - High Net Worth Individuals

In January 2014, the Economist magazine indicated that Foreign Account Tax Compliance Act (FATCA) would negatively impact the Miami Financial District.  They indicated that Miami had lots to lose from Latin American money deposited in Miami’s financial district...

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