Dealing with FATCA: Alternatives and Loopholes - Report
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FATCA (Foreign Account Tax Compliance Act) is Uncle Sam's draconian new legislation to try to tax Americans' offshore bank accounts. It mandates that everyone must declare their offshore accounts or else pay fines - and other nations are being forced to play along. However, we have researched some possible alternative and legal loopholes to FATCA, including jurisdictions outside its reach and confessions (straight from a released Senate documents) of its shortcomings and legal loopholes! (Disclaimer: we offer this as information only - we cannot guarantee it will get you out of FATCA.) Report.
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