US banking lobby urges Congress to challenge FATCA IGAs

Ricardo V, a well-to-do Brazilian executive, travels frequently between São Paulo and New York. He does not take one of the many non-stop flights,...

RepealFATCA.com Roundup: News and Commentary on FATCA’s Deepening Dysfunction

Washington, DC This RepealFATCA.com bulletin departs from our usual format to round up some important news and commentary from around the world on the deepening...

FATCA: Breaking through Fear with a Swiss Referendum

The Swiss are likely to vote to overturn a FATCA agreement with the US Treasury Department, which has recently been ratified by Parliament. On...

RepealFATCA.com Files Freedom of Information Act Request on ‘Intergovernmental Agreements’

Records sought for Canada, Switzerland, and the United Kingdom As noted previously, FATCA (the “Foreign Account Tax Compliance Act”) cannot succeed unless the U.S. Treasury...

FATCA Pre-Implementation or Due Process

By: Paul Seymour, Director of Client Services pru·dent, adjective 'prü-d?nt : having or showing careful, good judgment Full Definition of PRUDENT: characterized by, arising from, or...

The US Surveillance Dragnet Extends to Foreign Bank Data, Too

Zurich is home to many of Switzerland's largest banks, which are bristling at US requests for banking data. Via Storm Crypt/Flickr In 2010, the US...