Banks call on government to make T&T FATCA compliant

Date: 
Tuesday, June 28, 2016 - 20:00

Bank heads are tonight calling on the government to pass legislation quickly so that T&T can become FATCA compliant.

They say if this is not done, there would be a huge price to pay.

The US foreign account tax compliance act would allow the US to track its citizens living outside of the US who should be paying taxes.

Judy Kanhai explains more in tonight's Business Watch