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...
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....
SOURCETownhall
Veronique de Rugy I've previously argued that the Trump administration should stop funding the Organization for Economic Cooperation and Development because of its advocacy of higher taxes and tax harmonization. At the time, I was told that my position could...
SOURCEAccountancy Age
A coalition of 23 groups has called for the US congress to include a repeal of the Foreign Account Tax Compliance Act (FATCA) in any tax reform package sent to president Donald Trump. Signed into law by Barack Obama in...
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,...
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...
SOURCECNBC
Some 9 million Americans reside abroad. More than 4 in 10 wouldn't rule out renouncing U.S. citizenship, according to a survey. Darla Mercado Americans abroad have just about had it with Uncle Sam's tax filing requirements. Those were the findings from...
SOURCENewsmax
By Nigel Green The campaign for the Trump administration to repeal what has been described as “the worst law most Americans have never heard of" reached a monumental milestone last week. Sen. Rand Paul and Rep Mark Meadows have written to Treasury...

A Weak Defense of FATCA

SOURCECenter for Freedom and Prosperity
The FACT Coalition’s Clark Gascoigne yesterday attacked efforts to repeal FATCA as intended to “defend tax evaders.” Most generously, his arguments might be considered extremely naive, but many come across as mendacious spin. Nevertheless, I will address his points and...
SOURCECenter for Freedom and Prosperity
(Washington, D.C., Tuesday, March 21, 2017) A coalition of 23 taxpayer protection and grassroots organizations sent a letter today urging Congressional leadership to include repeal of the Foreign Account Tax Compliance Act (FATCA) as part of comprehensive tax reform....

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