Many Canadian residents with U.S. citizenship could have problems with their banks and other financial institutions in coming months unless they provide them with a U.S. identification number, CBC News has learned. Experts say those who refuse or who can't could face fines or the risk of their bank accounts being closed.
source https://www.cbc.ca/news/politics/canada-u-s-tax-fatca-1.5482687?cmp=rss
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