Dutch government asks banks to give American expats more time to deal with FATCA

Pedro Gonçalves
clock • 2 min read

The Dutch government is urging banks to be accommodating towards American nationals who risk having their bank accounts closed because of US fiscal regulations as it calls on EU member states to campaign together for changes to American tax laws which are affecting thousands who have American nationality but no ties to the country. Junior finance minister Menno Snel said was that "any American sanctions [against financial institutions] will only be considered in the summer of 2023" which g...

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