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The Facts About FATCA

SOURCERussia Today
What’s FATCA? That’s what Jim Jatras is going to be telling us as we sit down and discuss why he’s trying to get it repealed!
SOURCECBS News
By Jonathan Berr How upset are some Americans about how the IRS deals with expats? More than 3,000 of them living overseas renounced their U.S. citizenship in the first two quarters of 2017, already ahead of the 2,999 who cut...
SOURCEThe Hill
BY NIGEL GREEN August 2, 2017 One of the most commonly used (and abused) buzzwords in public life is “transparency.” Transparency is good. Everybody’s for it. The problem is the different, even contradictory, meanings the word is given. “It is...
SOURCEiExpats
By Lisa Smith Repeal FATCA campaigners have met a wall of silence from the corridors of power in Washington DC. Despite Republican promises to scrap the Foreign Account Tax Compliance Act on road to the presidential election, since Donald Trump has...
SOURCENewsmax
By Nigel Green President Donald Trump was ushered into power partly on the promises of tax cuts and reforms. The pledges that were made in this regard were crowd pleasers and vote winners. But the highly anticipated tax program appears to...
SOURCEiExpats
Campaigners lobbying for the repeal of FATCA in the USA are demanding to know why President Donald Trump and Republicans in Washington are ignoring their call to axe the controversial tax law. Around 24 separate lobby groups have come together...
SOURCEThe Connexion
Thousands of ‘accidental Americans’ who face surprise US tax demands and intrusive investigations of bank accounts have called on the new French MP for North America to help them end their problems. Anyone born in the US has US nationality...
The Foreign Account Tax Compliance Act (FATCA) imposed a worldwide financial disclosure information regime on every financial institution in the world, it is an international nightmare. There are several major problems with FATCA which are widely discussed and debated. FATCA was...
SOURCECNBC
Some 9 million Americans reside abroad. More than 4 in 10 wouldn't rule out renouncing U.S. citizenship, according to a survey. Darla Mercado Americans abroad have just about had it with Uncle Sam's tax filing requirements. Those were the findings from...
SOURCEExpatForum
The vast majority of US expats do not feel that their interests are fairly represented by the US Government, according to an annual survey, and they also dislike the tax regime. Overall 88% are unhappy and tax is a major...

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