3 ms·
I believe the OP was objecting to the notion that FACTA requires US citizens residing abroad to go to great lengths to document their foreign income, to prove t
by pcl 10y ago
I believe the OP was objecting to the notion that FACTA requires US citizens residing abroad to go to great lengths to document their foreign income, to prove that they aren't doing anything nefarious.
Note that this is different than what US citizens residing in the states need to do, for a number of reasons, and is relatively new: https://en.m.wikipedia.org/wiki/Foreign_Account_Tax_Compliance_Act https://en.m.wikipedia.org/wiki/Foreign_Account_Tax_Complian...