VIAKluwer International Tax Blog
William Byrnes (Texas A&M University Law) I was recently asked to analyze the often quoted figure of $150 billion lost by the U.S. Treasury to foreign non-tax compliance by U.S. taxpayers.  My transcribed remarks are below.  Also, see William Byrnes’...
SOURCENewsmax
By Mark Cohen On April 26, the House Ways and Means Committee will hold a hearing on legislation to repeal FATCA. While not widely known in the United States, this legislation places an unprecedented burden on Americans living abroad by...
Washington’s Foreign Accounts Tax Compliance Act, known as FATCA, will be assailed afresh as lawyers and lobbyists renew efforts to repeal the law as part of President Donald Trump’s tax reform. Washington-based Jim Jatras, a Republican and co-leader of the...
SOURCEThe Hill
By James George Jatras, opinion contributor On Wednesday, the House Subcommittee on Government Operations of the Committee on Oversight and Government Reform will hold a hearing on the unintended consequences of the Foreign Account Tax Compliance Act, or FATCA. Featuring witnesses...
SOURCENewsmax
By Nigel Green The campaign for the Trump administration to repeal what has been described as “the worst law most Americans have never heard of" reached a monumental milestone last week. Sen. Rand Paul and Rep Mark Meadows have written to Treasury...
SOURCECredit Union National Association
CUNA joined the World Council of Credit Unions this week supporting legislation that would repeal the Foreign Account Tax Compliance Act (FATCA). The organizations wrote to Sen. Rand Paul (R-Ky.) and Rep. Mark Meadows (R-N.C.), who sponsored the bills,...
SOURCEiExpats
By Lisa Smith The Foreign Account Tax Compliance Act (FATCA) is a failure and has not generated enough cash to run the government for more than 30 minutes, campaigners against the tax have claimed. Instead of boosting treasury revenues by the...
SOURCELe Temps
La loi financière imposée par les Etats-Unis aux établissements bancaires du monde entier a rapporté 10 milliards de dollars en impôts, selon l’IRS. Pourtant, une étude montre que les coûts de mise en œuvre étaient tels que Fatca n’aurait rapporté...
SOURCESen. Rand Paul
Sen. Rand Paul Introduces Bill to Repeal FATCA WASHINGTON, D.C. – Today, U.S. Senator Rand Paul (R-KY) introduced legislation to repeal the Foreign Account Tax Compliance Act (FATCA), with U.S. Representative Mark Meadows (R-NC) introducing a companion bill in the U.S....
SOURCEiExpats
Congress may finally pull the plug on the controversial Foreign Account Tax Compliance Act (FATCA) tax law. Anti-FATCA campaigners Rep Mark Meadows and Sen Rand Paul are about to file a bill calling for the repeal of FATCA. Lawmakers have already...

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