| PT 2000-10-20 |
| Are you American and have money in Bermuda? Well you
had better consider getting out now... New rules implemented by the Internal Revenue Service (IRS) seek to expose any US nationals trying to evade paying income tax. But in doing so, all those holding US securities will have to prove their nationality or face the IRS withholding as much as 30 percent of their interest and dividend earnings. |
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