FATCA law is self-destructing fiscal protectionism. The U.S. government has long had two minds on tax competition. Politicians routinely complain about so-called tax havens and support the bullying of smaller, low-tax jurisdictions. It seems that enforcement-über-alles is the rallying cry,...
The implementation of a new and ill-conceived tax act, which would damage the U.S. economy, adversely affect American firms that operate globally and negatively impact the seven million U.S. citizens who live overseas, appears to be floundering. Created, according to...
Proponents of the “Foreign Account Tax Compliance Act (FATCA) – a/k/a “the worst law most Americans have never heard of” – fell short at the end of 2012 on two key indices, further puncturing its air of presumptive inevitability: ...
James Jatras, a former US Diplomat and US Senate staffer, who now runs a legal firm in Washington D.C which specialises in foreign affairs and human rights, has launched a worldwide campaign for the US Treasury to repeal its...
Upcoming Forum on “U.S. Tax Grab in Canada” (Toronto, Dec 15) Resistance grows among key groups (Investment Europe) An essential, irreplaceable tool for the U.S. Treasury Department in trying to implement the otherwise unenforceable FATCA (the “Foreign Account Tax Compliance...
-- 'Model Agreements' Released by Treasury Make Problems Worse -- WASHINGTON, July 31, 2012 /PRNewswire-USNewswire/ -- The following is being released by Global Strategic Communications Group: A letter by four U.S. Senators to Treasury Secretary Timothy Geithner demanding details of plans...
James Jatras, principal of Squire Sanders Public Advocacy, a Washington-based government relations firm, believes FATCA will be repealed once its cost to ordinary Americans becomes apparent. For two years, much of the global financial community has been in an uproar...
A SENIOR US policy analyst and lobbyist yesterday shot down the notion that the Foreign Account Tax Compliance Act (FATCA) was "here to stay", calling the impending legislation an invasive plan to "put everybody in a financial fish bowl". James...
Yesterday AsianInvestor received a message from a political lobbyist in Washington, DC named Jim Jatras, referencing our story ‘Hong Kong fires back at Fatca’ and efforts by a variety of industry groups in Asia to lobby the US Treasury...

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