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...
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...
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....
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...

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...
SOURCEThe Hill
By James George Jatras, opinion contributor On Wednesday, the House Subcommittee on Government Operations of the Committee on Oversight and Government Reform will hold a hearing on the unintended consequences of the Foreign Account Tax Compliance Act, or FATCA. Featuring witnesses...
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...
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...
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 Hill
By Nigel Green When the Republican-controlled Congress moves forward with drafting comprehensive tax reform legislation to put on President Donald Trump’s desk, one item ought to be high on the list of provisions but probably isn’t yet — repealing the...

FOLLOW US

480FollowersFollow

RECENT POSTS