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...
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’...
SOURCEAmerican Thinker
By Theo Caldwell "A territorial tax system – what is that?" So inquired a White House reporter of Treasury Secretary Steve Mnuchin as he outlined President Trump's tax reform proposal. The question itself, and the baffled tone in which it was delivered,...
SOURCEGlobal Financial Market Review
The Campaign to Repeal FATCA, America’s toxic global tax law, has now gone into full gear. A delegation of the Washington DC-based campaign, launched and co-led by Nigel Green, founder and CEO of deVere Group, one of the world’s largest independent financial...
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....
SOURCEThe Heartland Institute
By Jeff Reynolds A bill before Congress would roll back regulations requiring banks in other countries to report to the Internal Revenue Service on U.S. citizens’ assets held abroad. A bill before Congress would roll back regulations requiring banks in other...
SOURCECBC News
By Elizabeth Thompson An agreement that has resulted in hundreds of thousands of Canadian banking records being sent to the U.S. Internal Revenue Service could violate the U.S. constitution, a congressional subcommittee heard Wednesday. Testifying before a subcommittee of the House Committee...
SOURCEThe New American
Written by TNA Video The Foreign Account Tax Compliance (FATCA) been called the "worst tax law you never heard of," and for good reason, explains The New American's Foreign Correspondent Alex Newman. Snuck into a Democrat "jobs" bill and signed...
SOURCECCH Daily
A coalition of 23 US taxpayer protection and grassroots organisations is campaigning for the repeal of the Foreign Account Tax Compliance Act (FATCA), labelling the regulations 'unacceptable and un-American’ on the grounds they fail to tackle tax avoidance by...
The CEO of one of the world’s largest independent financial services organizations has co-written an assertive open letter to the U.S. Treasury Secretary to demand the Trump administration scrap the Foreign Account Tax Compliance Act. Nigel Green, together with Jim...

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