is a european fatca next? a newspaper in lebanon is reporting european states may bring in their own version of fatca.
Some bankers have said that European states are expected to follow the example of the United States and ask their citizens abroad to disclose their bank accounts to European financial authorities in a bid to combat tax evasion.
wait. those countries do not tax their citizens living abroad. but, of course, we know fatca is not about taxes. it is about power and control through information and threats.