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Transfer of Canadian banking records to U.S. tax agency doubles

Transfer of Canadian banking records to U.S. tax agency doubles

Jan 30, 2017, at 02:49 pm

Toronto, Jan. 30 (IBNS): Canada Revenue Agency had sent banking records of more than 315,160 Canadian residents to the U.S. Internal Revenue Service (IRS) on Sept. 28, 2016 under a controversial Foreign Account Tax Compliance Act (FATCA) legislation, media reports said