It’s Official: There Will Be No American FATCA ‘Reciprocity’

Treasury Department’s promises of ‘equivalent levels of reciprocal automatic exchange’ will not be approved by Congress. Congressional call for “further delay in FATCA enforcement...

IRS Troubles Go Global

The problem of Internal Revenue Service misbehavior is not confined to its actions in the United States, but extends to its dealings with foreign...

Coalition for Tax Competition Urges Support for FATCA Repeal Bill

(Washington, D.C., Thursday, June 6, 2013) The Center for Freedom and Prosperity, joined by 20 of the country’s largest and most influential free-market, taxpayer...

Will Canada’s hard line on Eritrea’s ‘diaspora’ tax apply to the...

How nice to see Canada taking a very hard line with the government or Eritrea and its attempts to impose a diaspora tax on...

Credit Unions Fear Collateral Damage from FATCA

Last month, I warned that the Foreign Account Tax Compliance Act, an attempt by the U.S. to impose reporting burdens on other countries' banks,...

U.S. Credit Unions Endorse Sen. Rand Paul’s Bill to Repeal FATCA,...

CUNA: U.S. industry threatened by “extraterritorial diktats of a European FATCA and other FATCA-inspired foreign laws” Following yesterday’s introduction of a bill (S. 887) by...