News

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...

By Paul Ebeling Prominent US Lawmakers Urge President Trump to Repeal FATCA Rep. Mark Meadows and Sen. Rand Paul have sent a letter to Treasury Secretary Steven Mnuchin and OMB Director Mick Mulvaney urging President Trump take action to “mitigate the...

The Foreign Account Tax Compliance Act (FATCA) imposed a worldwide financial disclosure information regime on every financial institution in the world, it is an international nightmare. There are several major problems with FATCA which are widely discussed and debated. FATCA was...

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...

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...

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,...

By Nigel Green President Donald Trump was ushered into power partly on the promises of tax cuts and reforms. The pledges that were made in this regard were crowd pleasers and vote winners. But the highly anticipated tax program appears to...

Protests are rising against the US Foreign Account Tax Compliance Act (FATCA) as a coalition of 23 groups is lobbying Congress to repeal the law. FATCA was approved by former President Barack Obama in 2010 as a tool for uncovering...

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...

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...