The Foreign Account Tax Compliance Act (FATCA) was introduced by which country to curb offshore tax

Q. The Foreign Account Tax Compliance Act (FATCA) was introduced by which country to curb offshore tax evasion?
Answer: United States
Notes: Explanation: The United States introduced FATCA to prevent tax evasion by U.S. taxpayers holding financial assets in offshore accounts by requiring foreign banks to report such holdings.

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📌 Question Number: 16 in Offshore Banking in the above course in App.