The Foreign Account Tax Compliance Act (FATCA), enacted in 2010, will require financial institutions abroad to disclose Americans' offshore accounts worth more than $50,000 to the tax-collecting
Businesses will collect the tax and send it to the state's tax-collecting
Last July, President Clinton signed a law to reform the tax-collecting
pariah and make it a friendlier institution.
Under Henry IV and Louis XIII, two royal ministers, the Duke of Sully and Michel de Marillac, initiated a policy of centralization by depriving the estates in certain regions of their tax-collecting
functions, which were entrusted instead to the king's representatives.