Yet More Trouble for FATCA: China and Germany

FATCA: the “Fear And Total Confusion Act” As noted earlier, FATCA (the Foreign Account Tax Compliance Act) is unenforceable and unviable unless virtually all countries...

U.S.-Swiss ‘Intergovernmental Agreement’ a Dubious Win for FATCA

Today the U.S. Treasury Department announced it had signed an “intergovernmental agreement” (IGA) for the enforcement of the “U.S. Foreign Account Tax Compliance Act”...

“Little incentive for China to implement Fatca”

If anyone had any guess China would go along with FATCA, forget it. As noted in Risk.net, China has little incentive to comply with FATCA...

US Relying on the Ignorance of Foreign Governments to Propel FATCA...

I wrote recently about the need to draw a line in the sand on FATCA. Long story short, if current efforts to form an...

George Mason University seminar on FATCA with Jim Jatras and Jesse...

New videos have been posted of the GMU seminar on FATCA with Jesse Eggert and Jim Jatras. First panel discussion at the George Mason Journal...

FATCA Intergovernmental Agreement Exposed as Bad Deal for ‘Partner’ Countries

U.S. Treasury official concedes promise of “reciprocity” falls short ‘IGAs’ no protection for firms, subject to cancellation by U.S. at will ABA: “no...