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Hong Kong fires back at Fatca

Jame DiBiasio
Hong Kong financial industry associations argue that the US Internal Revenue Service should amend Fatca or risk damaging the industry in unexpected ways.
Hong Kong fires back at Fatca

Financial trade groups in Hong Kong have taken aim at Fatca, the proposed legislation in the United States that is imposing harsh penalties on financial institutions deemed uncooperative in hunting down US tax evaders.

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