#FATCA #IGA ALL British trusts will be reviewed at expense of client; even w/out ANY US indicia http://t.co/2hL3nOXMes Please RT widely
— U.S. Expat Canada (@USExpatCanada) August 23, 2014
“Some individual customers are being contacted by their banks or other financial providers if, for example, they appear to have links with the US or own property there. But tens of thousands of other families are beginning to receive letters, and invoices, simply because they have established run-of-the-mill family trusts.”
The family in the article owes at least $635 CDN plus VAT. This is beyond outrageous. At what point will people begin to take action?
Article is HERE