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Treasury Warns Taxpayers To Work On FATCA Compliance

By Matthew Villmer (May 9, 2014, 4:08 PM EDT) -- A U.S. Department of the Treasury representative said Friday at the American Bar Association's 2014 Tax Meeting that the government will ramp up application of the Foreign Account Tax Compliance Act on July 1, and that affected taxpayers should work to comply with FATCA or face governmental action....

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