Science & Technology

Remember Facta? The IRS Database to Manage Everyone’s Bank Accounts

The IRS Database to Manage Everyone’s Bank Accounts
FACTA is the Foreign Account Tax Compliance Act, and under this draconian piece of legislation is the demand on any foreign bank that does business with the U.S., or utilizes SWIFT to trade in dollars, that they must provide the Internal Revenue Service all personal .. . . . → Read More: Remember Facta? The IRS Database to Manage Everyone’s Bank Accounts