‘We can no longer afford to be American citizens’
4th January 2013
Well, you could always move to Canada, right? Think again. The Foreign Account Tax Compliance Act (FATCA) comes more fully into effect this year, and as The Globe and Mail’s Barrie McKenna explains, “FATCA will force the hand of many Americans in Canada, making them choose between compliance or giving up their U.S. citizenship.”
Well, there’s always Russia.