Guests: 0:00 – Robert Tracinski, returns to talk about Obama’s plan to dip into your retirement, other taxes and capital controls that are eating away at your money, and more. Plus, he and Andrew discuss why skipping college may be...
Wisconsin Law Review, Vol. 2013, No. 1, p. 205 Abstract: The Foreign Account Tax Compliance Act (FATCA) became law in 2010 and is an important development in combatting income tax evasion. Under FATCA, American individual and corporate taxpayers must provide comprehensive...
ACA: “FATCA is bad law on all fronts and should be repealed.” In an April 4, 2012, submission to the leadership of the International Tax Reform Working Group and the Financial Services Tax Reform Working Group of the Committee on...
No April Foolin’! Writing today in the American Banker, e-money researcher and crypto economist Jon Matonis gets dead right what a lot of the conventional “wisdom” gets wrong: FATCA (the “Foreign Account Tax Compliance Act”), is far from a “done...
FATCA “compliance for U.S. credit unions is also not likely to be easy or inexpensive” In an important development in Washington, today Michael S. Edwards, Vice President and Chief Counsel, World Council of Credit Unions, called for repeal of the...
More Trouble for FATCA in China, Hong Kong – and what amounts to a declaration of war from Moscow! Recently the politics of the United States and of the Republican Party got a badly needed shake-up by an old-fashioned filibuster...
FATCA: the “Fear And Total Confusion Act” As noted earlier, FATCA (the Foreign Account Tax Compliance Act) is unenforceable and unviable unless virtually all countries in the world – or at least all the major financial centers – sign on....
Today the U.S. Treasury Department announced it had signed an “intergovernmental agreement” (IGA) for the enforcement of the “U.S. Foreign Account Tax Compliance Act” (FATCA) in Switzerland. The announcement apparently breaks a dry spell for Treasury in its continuing...
If anyone had any guess China would go along with FATCA, forget it. As noted in Risk.net, China has little incentive to comply with FATCA (the Foreign Account Tax Compliance Act) or to sign an intergovernmental agreement (IGA) with the...
I wrote recently about the need to draw a line in the sand on FATCA. Long story short, if current efforts to form an international tax cartel are not halted immediately, we can look forward to a future with...

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