Just Me sent me this e-mail that he is sending to media outlets:
So now after the NYT times article, the new WSJ journal article and the Fallows Atlantic trilogy, here is more reporting and opinion on the misguided citizenship taxation policy and IRS offshore crackdown which has created a FATCA mess that threatens Americans overseas as they become toxic clients for financial institutions world wide. Also more importantly, even rating agencies such as Fitch are beginning to understand the unintended consequences of the FATCA blowback and what that will mean for US business, exports and even American financial institutions as investment dollars move else where.
For your reading pleasure.
From the Washington Times. EDITORIAL: Tax-haven wars
Wednesday, January 4, 2012
Congress is scheming to export IRS meddling overseas
and this from Forbes
New Post Alert
by Robert W. Wood
image via ehow.com The IRS views all citizens in the same way regardless of where they live. Think of it as a kind of Ellis Island mentality. Once you’re American, you’re in, until you leave. See Expatriating and Its U.S. Tax Impact. But there’s been a mismatch in perception when it comes […]
Topics: Business, Entrepreneurs, International, Investing, Law, OpEd, Options, Personal Finance, Policy, Taxes, Taxes and Law, Washington, World Affairs
Rating agencies now waking up. How can you ignore this story now?
Fitch: New US Tax Rules Could Prompt Foreign Deposit Outflow
Just Me sent me this:
And then, there has been a good blog started by some Canadians, with a Canadian perspective on these US tax issues which is getting about 1000 hits a day now, as more become conscious of these issues. It is designed for a Canadian audience, and not an American one, but there is some pretty good information sharing happening here. You might want to check it out.
Thank you for your continue interest and tolerance for my unsolicited emails.
Just look at is as a FATCA clipping service for you 🙂