The U.S. government is charging that Deutsche Bank and its implicated entities took part in an elaborate shell game, dating back to the fall of 1999, and is asking the German bank to pay $190 million in taxes, penalties, and interest “owed to the United States taxpayers.” Deutsche Bank, however, intends to challenge the lawsuit… Read More >>
London Mayor Finds Ally in FATCA Fight
Boris Johnson, the mayor of London, who recently dove into the controversy of the Foreign Account Tax Compliance Act (FATCA), has a new ally in Nigel Green, founder and chief executive of financial advisory firm deVere Group. Green applauds Johnson’s refusal to pay his FATCA bill. Johnson got unexpected attention when he declared during a… Read More >>
