News&trends.

• Position: Nt - Brief article - Statistical data

"The Foreign Account Tax Compliance Act IFATCAI can effectively improve U.S. tax administration involving offshore accounts by utilizing FATCA computer applications that are developed and implemented in a timely and effective manner. Improved system development. management controls and testing are needed to ensure the system works as intended to improve tax compliance."

--Treasury Inspector General for Tax Administration J. Russell George

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