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NAPF urges watertight Fatca exemption
01 May 2012
Fatca exclusion for schemes as currently outlined in the proposals is not clear enough, says the NAPF
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Fatca
NAPF
The US Internal Revenue Service (IRS) must make it crystal clear that workplace pensions will be exempt from the Foreign Account Tax Compliance Act (Fatca) to avoid creating confusion among pension schemes, the UK’s biggest pensions trade body has urged.
In its response to the IRS consultation on the proposed US...
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