China ends speculation over Fatca

Jun 29, 2014

With China agreeing in principle to comply with the US anti-tax evasion law, it looks like mainland fund houses, among others, will have to fall in line, despite many thinking they might be free to choose not to.

After months of speculation, China has agreed in principle to comply with the US’s Foreign Account Tax Compliance Act (Fatca), just before its July 1 compliance deadline.

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