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...
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...
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...
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....
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...
SOURCEMarketWatch
WASHINGTON, March 22, 2017 /PRNewswire-USNewswire/ -- Nigel Green's Campaign to Repeal FATCA and the Center for Freedom and Prosperity led a coalition of 21 other groups, including Americans for Tax Reform and the National Taxpayers Union, calling on Congress to...
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...
SOURCENewsmax
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...
SOURCEFeet to the Fire Radio
FATCA. it has been called, "The Worst Law Nobody Has Ever Heard Of." The Foreign Account Tax Compliance Act (FATCA), which was passed as part of the HIRE Act, generally requires that foreign financial Institutions and certain other non-financial foreign...
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...

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