16 thoughts on “Welcome to the Party Pal: Top IRS FATCAFanatic Jesse Eggert moves to France”

1. Eggert will pay no taxes at OECD. None of them do.. The should have them pay the highest rates of any member country

2. Those OECD bureaucrats make all kinds of studies and recommendations for taxing the shit out of everyone. But the dirty SOBs have some kind of special status and don’t have to pay anything themselves. F them!

3. Would be fun if he could not get a bank account in France now that the Vichy government signed an IGA. We should tell him to try to open a bank account at ING so that he can enjoy the pleasure of being discriminated against.

4. Nice Benefits working for the OECD like @Robert said.

   http://www.oecd.org/careers/salariesandbenefits.htm

   Income tax in the United States: A specific article (article 3) of the tax reimbursement agreement between the USA and the OECD excludes from the US tax reimbursement programme all OECD official who are liable to pay income tax in the United States and whose post is financed, partially or in total, from voluntary contribution or grants (be it from US or from other sources). OECD officials as defined above are informed that, as the US tax reimbursement programme does not apply to them, the OECD is not in a position to reimburse any tax paid by them to the US.

5. All the better to help the OECD members understand why FATCA is their friend, and why making all the countries of the globe subordinate to the IRS, and filling US Treasury coffers with NON-US assets legally earned, already taxed once, and legally saved in the NON-US countries by those living and often born outside the US that call another place home – with NO US economic connection (other than a parent or happenstance birthplace) is utterly reasonable and just. Jesse Eggert will help them to identify which is myth and which is truth – the FATCAnatic way.

   Let us remember that Jesse Eggert attended this OECD event described here:
   http://thefranco-americanflophouse.blogspot.ca/2013/02/public-briefing-on-fatca.html

   Note that it was described as a ‘public’ event, but it was only with very great difficulty that members of the ‘public’ were allowed to attend http://thefranco-americanflophouse.blogspot.ca/2013/02/public-briefing-on-fatca.html

   Allison Christians said: …”…Message to OECD therefore: do not call it a public meeting if it is not a public meeting, if it is only another forum for government bureaucrats and business leaders, call that what it is: an international lobbying session….”
   see http://taxpol.blogspot.ca/2013/02/oecd-public-briefing-not-really-public.html .

   Note that ironically, the sponsoring body of the not-so-public ‘public’ event on FATCA mentioned above, – the OECD – Jesse’s new relationship, has this motto; “Better Policies for Better Lives”:
   http://www.oecd.org/tax/exchange-of-tax-information/invitationtooecd-biacpublicbriefingsessionontraceandfatca.htm

   There you have it. Full circle. FATCA is apparently congruent with ‘Better Lives’. Whether you want it or not. Another ex IRS counsel finds another cozy niche?

6. If you want to gag, look at this OECD claim:
   “…We look, too, at issues that directly affect the lives of ordinary people, like how much they pay in taxes and social security, and how much leisure time they can take. We compare how different countries’ school systems are readying their young people for modern life, and how different countries’ pension systems will look after their citizens in old age.

   Drawing on facts and real-life experience, we recommend policies designed to make the lives of ordinary people better. We work with business, through the Business and Industry Advisory Committee to the OECD, and with labour, through the Trade Union Advisory Committee. We have active contacts as well with other civil society organisations. The common thread of our work is a shared commitment to market economies backed by democratic institutions and focused on the wellbeing of all citizens. Along the way, we also set out to make life harder for the terrorists, tax dodgers, crooked businessmen and others whose actions undermine a fair and open society….”

   And now think about the effects of aggressive and arrogant US extraterritorial tax and financial serfdom as imposed on those living outside the US – being denied banking in the countries those abroad legally call home, their actual tax residence, where they are also NON-US citizens by birthplace, parentage or naturalization. Where they are raising non-US children but are taxed on their children and dependent’s local education savings and disability benefits like RESPs and RDSPs. Where our legal local pension plans located where we work and live outside the US are subjected to extraterritorial US tax, reporting and possible confiscatory penalties? NON-US citizens and employers have their NON-US account and personal financial information sent to be kept in US data collection silos via the Bank Secrecy FBAR law. Where ALL accounts are to be sifted through for US persons, no matter where in the world the accounts are, and sent to the US forever and ever – with no oversight, no recourse, no accountability. I could go on.

   Does that sound like the BS the OECD is peddling on that ‘about’ page?

   “Focused on the ‘wellbeing of ALL citizens'” , “making the lives of ordinary people better”? Unless they are guilty of the crime of having been born in the US or of US parentage.

   Then we just throw them to the FATCA wolves.

   Because the US is the biggest single OECD funder http://www.oecd.org/about/budget/member-countries-budget-contributions.htm ( “…The largest contributor is the United States, which provides nearly 22% of the budget, followed by Japan.” http://www.oecd.org/about/budget/ )

   The members:
   http://www.oecd.org/about/membersandpartners/

7. http://samuelclemmons.wordpress.com/2014/01/07/poker-losers-poker-winners-fatca-is-willing-to-put-the-us-international-markets-on-the-hook-us-treasury-jesse-eggart/

   Jesse was first noticed as going over to Qatar on the administration tab, to teach all of the Islamic banks how to collect and collate the names of US persons in all of the region. He got special mention by the Sheik of finance of Qatar in the headline speech.

   I have noticed that many of the references have disappeared from the internet, for some reason.

   Now, any compliance jock or low level programmer of high level with uncontrolled access to the system is free to load up names and details onto a thumb drive and go out to get the best price.

   Now he is going over to help an organization of unelected officials to insure that global dual-nontaxation deals are signed. No doubt he is going to help vilify Sweden as a tax haven, because they have lowered their corporate tax rate to 22%.

8. don’t know where to post this but anyone read the news? this is huge!
   http://news.yahoo.com/republican-party-vote-repeal-u-anti-tax-dodging-234904778–sector.html

9. @ popol
   There’s been some discussion about that here …
   http://isaacbrocksociety.ca/2013/12/06/proposed-rnc-resolution-has-been-drafted-titled-resolution-to-repeal-fatca/#comments

10. @popol if you’re holding out hope, just read the comments. U.S. citizens/property living overseas are nothing but cannon fodder.

11. Well, I have to assume, he is at the OECD to help the transformation of FATCA into GATCA. Very useful person to have around who knows all the rules of the Monster he had a hand in creating, and how GATCA can make the lives of ordinary Citizens better! He will now be a GATCAnatic!

12. And will Jesse the FATCAnatic be urging the US as a major OECD member to make the lives of the world’s citizens better and to further the OECD mission to; “…..set out to make life harder for the terrorists, tax dodgers, crooked businessmen and others whose actions undermine a fair and open society….”” http://www.oecd.org/about/
    by urging that the US – world’s largest haven and hypocrite act in congruence with that OECD pledge – in its role as the largest OECD funder?

    “……..The United States, as the world’s largest economy and home of leading secrecy jurisdictions such as Delaware and Nevada, is a central battleground in the struggle over ownership transparency. Despite promises by the Obama Administration to crack down on financial secrecy, it has made few commitments toward revealing the true owners of secretive U.S. companies, and delayed for years in carrying out the pledges that it did make……..”……..”Legislation that would require U.S. states to disclose the real owners of companies within their borders has repeatedly been shot down in Congress in recent years, as powerful lobby groups such as the U.S. Chamber of Commerce and American Bankers Association have spoken out against it.

    In addition, the information that American financial institutions collect under the proposed rule will not be open to the public and Treasury has not decided whether it will gather the information in a central registry……”
    http://www.icij.org/blog/2014/01/us-efforts-fight-offshore-secrecy-hit-snags

13. I repeat this quote from the ICIJ article ‘In U.S., efforts to fight offshore secrecy hit snags’
    By Sasha Chavkin
    January 6, 2014,for emphasis:
    Unlike with FATCA and all our personal and financial data under FBAR;
    In terms of true beneficial ownership of US corporations registered in the US; “……Treasury has not decided whether it will gather the information in a central registry……”
    http://www.icij.org/blog/2014/01/us-efforts-fight-offshore-secrecy-hit-snags
    and, I repeat:
    “….Legislation that would require U.S. states to disclose the real owners of companies within their borders has repeatedly been shot down in Congress in recent years, as powerful lobby groups such as the U.S. Chamber of Commerce and American Bankers Association have spoken out against it….” http://www.icij.org/blog/2014/01/us-efforts-fight-offshore-secrecy-hit-snags

    (Go to the ICIJ site to access the links to those lobby group’s statements.)

14. Maybe the US needed a FATCA point man at the OECD to counter criticisms like the ones ably argued here:
    http://www.compasscayman.com/cfr/2014/01/15/FATCA–The-G20-and-the-OECD-%E2%80%93-where-are-they-/

    …”It is difficult to justify the fact that both the OECD and the G20 have ignored the non-compliance of the U.S. with the basic international standards. To add to the absurdity, the Global Forum created by the OECD supposedly to verify compliance “certified” that its principal member is actually in compliance. This they have done even though the U.S. is the world’s greatest tax haven, giving no information to third countries on the U.S. investments of their citizens, who then cannot be taxed in their countries of residence. In addition, the U.S. has more than seven thousand financial intermediaries in what are called “Qualified Intermediary Agreements” (QIA) in which the IRS guarantees them total secrecy for the identity of their clients. Those identities are unknown even to the IRS agency, thus, of course, the U.S. cannot provide foreign countries with information they do not have.”…..

    ………………..

    “…The G20, composed of the most important economies in the world, and the “club” of rich countries that make up the OECD, should demand that their principal member comply with the international standards, eliminating FATCA and QIA and approve with no further delay Senator Levin’s projected law “Know Your Client.”

    By universal right and under the principle of fair competition in a global economy, all nations of the world, big and small, have the freedom to choose their own tax systems. Under this light, we condemn the hypocrisy of the U.S. as the ultimate power behind the OECD, the double standards and the shameful scheme to eliminate legitimate competition from smaller financial centers who are not members of this club. In an unprecedented interconnected world with ample access to instant information these facts can no longer be concealed and are becoming a stain on the record of the OECD and the history of the U.S.”….

15. Here is what he is working on, I bet…

    http://www.fsitaxposts.com/2014/02/12/oecd-expected-release-aeoi-proposal/#comment-426

    AEOI = GATCA

16. The sheep have been OWNED.