First there was FATCA, now here comes AEOI as repercussions from US tax policy spread

First there was FATCA, now here comes AEOI as repercussions from US tax policy spread

 By Gareth Vaughan

The United States Foreign Account Tax Compliance Act, or FATCA, is set to be followed by a much more widespread global equivalent. But the good news is the multilateral version will tax based on people's residency rather than citizenship.

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