Europe Pressure US with Blacklist Threats for 2019

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The US has been pressured by the European Union to be placed on the blacklist of non-cooperative jurisdictions next summer of 2019 in the event that it neglects to change its Foreign Account Tax Compliance Act transparency regulations to meet EU benchmarks.

As indicated by expert Accountants, the US Tax Cuts & Jobs Act 2017 has just been introduced to the OECD Forum for Harmful Tax Practices for further discussion.