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
Congress may finally pull the plug on the controversial Foreign Account Tax Compliance Act (FATCA) tax law. Anti-FATCA campaigners Rep Mark Meadows and Sen Rand Paul are about to file a bill calling for the repeal of FATCA. Lawmakers have already...
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’...
SOURCEThe Heartland Institute
By Jeff Reynolds A bill before Congress would roll back regulations requiring banks in other countries to report to the Internal Revenue Service on U.S. citizens’ assets held abroad. A bill before Congress would roll back regulations requiring banks in other...
SOURCECompetitive Enterprise Institute
America is the only major country in the world to have an extraterritorial tax system, demanding its expatriate citizens pay tax on their foreign earnings. For many years this rule was obeyed more in the breach than the observance, but...
SOURCECBS News
By Jonathan Berr How upset are some Americans about how the IRS deals with expats? More than 3,000 of them living overseas renounced their U.S. citizenship in the first two quarters of 2017, already ahead of the 2,999 who cut...
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...
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...
In this video Claudine and Anthony examine key testimony of Professor Elise Bean, the claimed architect of FATCA and the witness for House Democrats who are fighting for a full repeal of this disastrous law. IRSMedic, the Law Offices of...
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...

FOLLOW US

510FollowersFollow

RECENT POSTS