Dual Citizenship Holders - Warning!

KUWAIT CITY, December 26: The United States of America of America passports of to a greater extent than or less 6,000 Kuwaitis, with other 250,000 GCC citizens are vulnerable to sanctions yesteryear early on side yesteryear side twelvemonth unless they pay their taxes side yesteryear side month, according to the Foreign Account Taxes Compliance Act (FATCA), reports Al- Shahed daily.

As of the firstly of Jan 2016, the United States of America of America Internal Revenue Service (IRS) — the authorities means responsible for taxation collection in addition to taxation police enforcement, volition move tracking Americans who are non abiding yesteryear the police obliging all fiscal institutions worldwide to collect taxes from American customers whose savings in addition to income operate yesteryear $50,000 for the create goodness of IRS, in addition to possibly, their United States of America of America passports volition move revoked.

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