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In a Q&A, Neill Vanlint, managing director of EMEA and Asia at GoldenSource Corp., talks about nagging FATCA deadlines and how much of this “massive administrative burden” is still done manually.
(Editor’s Note: The controversial Foreign Account Tax Compliance Act (FATCA), which extends the reach of the Internal Revenue Service (IRS) overseas so that it can collect tax revenues from U.S. citizens abroad, has caused major operational, IT management, and reporting woes for financial services firms around the globe. While Republican and Democrat groups have been...
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