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...
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...
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...
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...
SOURCECampaign to Repeal FATCA
I assume this sentence should read: ‘The United States will move AWAY from its present “worldwide” tax system—where Uncle Sam insists on the ability to tax American companies and individuals, regardless of where they work or are located.’ It’s significant...
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...
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...
SOURCEThe Hill
By Nigel Green When the Republican-controlled Congress moves forward with drafting comprehensive tax reform legislation to put on President Donald Trump’s desk, one item ought to be high on the list of provisions but probably isn’t yet — repealing the...
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...
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,...

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