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Local banks with US-citizen clients who are non-compliant with US tax rules may face sanctions as they expose themselves to legal and financial risks, the Bangko Sentral ng Pilipinas said.

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                    [AuthorName] => Kathleen A. Martin
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INTERGOVERNMENTAL AGREEMENT

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Banks not complying with FATCA may face sanctions

By Kathleen A. Martin | March 18, 2014 - 12:00am

Local banks with US-citizen clients who are non-compliant with US tax rules may face sanctions as they expose themselves to...

Business