FATCA Forces Canadian Banks To Send Info to IRS (CBC)

James Fitz-Morris at CBC is reporting FATCA Forces Canadian Banks to Send Info to IRS.

When Canada’s banks reopen for business on July 2, they will begin formally operating as informants for the United States Internal Revenue Service — the IRS.

Financial institutions in Canada will be required to ask all new and existing clients opening a new account questions such as where they were born, and possibly where their parents were born.

This gives information on a possible Charter Challenge, but no information about how to donate.

 

 

 

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