Sentence examples for foreign account from inspiring English sources

Bolted on to it was the arcane-sounding Foreign Account Tax Compliance Act.

However, things changed in 2010, when the Foreign Account Tax Compliance Act (FATCA) was enacted.

Next year, Washington will enact the most ambitious tax-recovery plan in history, the Foreign Account Tax Compliance Act.

A tax-transparency revolution is under way, catalysed by America's Foreign Account Tax Compliance Act of 2010.

Mr Cahuzac has not been charged and has denied any wrongdoing, telling parliament: "I have never had a foreign account".

Millions can be wired from a citizen's foreign account to a local bank without facing any special reporting requirements.

Congress has passed the Foreign Account Tax Compliance Act (FATCA), which forces foreign financial firms to disclose their American clients.

In March, Congress passed the Foreign Account Tax Compliance Act.

Businesses and foreign account holders could also try and move money to more secure countries.

If they refused, under the Foreign Account Tax Compliance Act (Fatca), firms faced punishing US taxes.

The agreement concerns the Foreign Account Tax Compliance Act, known as Fatca, which became law as part of a 2010 jobs bill.