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In this episode I took at "Fatca" - the Foreign Account Tax Compliance Act. This particular act was passed in 2010, and means that if you live in America and are involved in its tax system (which I am, thanks to my podcast work) then America wants to tax everything you have, in any country. Only two countries in the world insist on doing this — America… and Eritrea, a country in East Africa.
By David Farrier5
4444 ratings
In this episode I took at "Fatca" - the Foreign Account Tax Compliance Act. This particular act was passed in 2010, and means that if you live in America and are involved in its tax system (which I am, thanks to my podcast work) then America wants to tax everything you have, in any country. Only two countries in the world insist on doing this — America… and Eritrea, a country in East Africa.

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