US Tax and Financial Services CEO Darlene Hart talks us through the implications of new tax measures implemented by the US government that will affect all foreign investment in the United States, as well as any Americans who have foreign assets.

The FATCA act affects all Americans who have foreign assets over the value of $50,000 by imposing strict and heavy penalties on those failing to file their tax returns
 
The new measures will also mean that any hedge fund or foreign trust will pay a 30% withholding tax on the gross sale of any US stocks or bonds unless they agree to become a qualified foreign financial institution. Director of Finance presents some insight into the matter with the following video:

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