FATCA’S EFFECT ON THE IN-FLOW OF INVESTMENTS TO THE UNITED STATES OF AMERICA
Abstract
Foreign Account Tax Compliance Act (FATCA) has become one of the most controversial policies in the United States economic history. Although FATCA aims at increasing the government’s revenue, the policy has regrettable economic and social implications that threaten the state’s future development. Precisely, the policy has direct and long-term implications on investors and investment processes. Therefore, the research examines the manner in which the government uses the policy to strengthen its operations. The study also explores the impacts of the FATCA on investment, policies, digital investment, the determination of the optimal structure of clients, investment psyche, and roles of mobile devices and the legality of the FATCA.
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DOI: http://dx.doi.org/10.46827/ejefr.v0i0.69
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