SOURCENewsmax
The Campaign to Repeal FATCA has sent a letter pushing Congress to include repeal of the Foreign Account Tax Compliance Act in any tax reform package sent to the White House. Under FATCA, which came into effect in July 2014,...
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...
SOURCECBC News
By Elizabeth Thompson An agreement that has resulted in hundreds of thousands of Canadian banking records being sent to the U.S. Internal Revenue Service could violate the U.S. constitution, a congressional subcommittee heard Wednesday. Testifying before a subcommittee of the House Committee...
This week the Senate version of the tax reform bill will come to the Senate floor. The Campaign to Repeal FATCA has learned that Senator Rand Paul (R-Kentucky) plans to offer as a floor amendment his bill S. 869...
SOURCEiExpats
By Lisa Smith The list of American financial services companies is almost endless, but one voice shouts above the others for expats and international workers – deVere USA. The company, led by CEO and founder Nigel Green, is leading the campaign...
SOURCEiExpats
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...
video

The Facts About FATCA

SOURCERussia Today
What’s FATCA? That’s what Jim Jatras is going to be telling us as we sit down and discuss why he’s trying to get it repealed!
VIAKluwer International Tax Blog
William Byrnes (Texas A&M University Law) I was recently asked to analyze the often quoted figure of $150 billion lost by the U.S. Treasury to foreign non-tax compliance by U.S. taxpayers.  My transcribed remarks are below.  Also, see William Byrnes’...
SOURCEPR Newswire
Nigel Green: The Foreign Account Tax Compliance Act "has only rolled on because of legally unauthorized 'intergovernmental agreements,'" so cancelling them would "doom this terrible, toxic law." WASHINGTON, April 5, 2017 /PRNewswire-USNewswire/ -- Nigel Green, CEO of deVere Group and...
SOURCELive Trading News
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...

FOLLOW US

567FollowersFollow

RECENT POSTS