It was a long time coming, but Finance Minister Jim Flaherty has finally spoken out on two pieces of U.S. legislation that have the IRS threatening the financial security of hundreds of thousands of Canadian residents with American connections.
Flaherty has written a firmly, but politely, worded oped piece for submission to several American newspapers in which he says neither the Foreign Account Compliance Act (FACTA) or the Foreign Bank Account Report (FBAR) filing requirements ...
