The Impact of the FATCA in Saudi Banking System-Field Study

Abdo Ajlan Babeker Salameh , Nayef bin Hothal Majed Al- Qahtani

The Foreign Account Tax Compliance Act (FATCA) is designed to meet the tax evasion of some US people who have accounts in banks outside the United States, which obliges banks to disclose the data and information of their US citizens and foreign nationals with US citizenship to the Internal Revenue Services ...