I just created a new page of links to articles to facilitate our SWAT (Straight Words and Truth) Team in finding current media and blog articles that are open for commenting. Β Thanks to Em for the suggestion.
When you come across such an article, you can mention in the permanent page’s thread — or simply on any thread, as we’ve been doing all along, and I’ll copy the link to the permanent page.
You can locate this page in the Sidebar under the Take Action! header
Β
What a great idea! Thank you Pacifica, and Em for coming up with the idea.
Now if we wake up in a bad mood, or want to get in one, we can go directly there.
Great — thanks. It is so hard to be on top of everything. This will help.
I like that: useful for SWAT tag teams.
Excellent Pacifica…
It is hard keeping up with the volume of FATCA news articles that Brockers find, and having you put them into one page will REALLY help. Remember the time, when they were few and far between? Remember the time (early in the blog) when we were all timid about commenting on articles or contacting journalist. Times have changed! π
http://bdnews24.com/economy/2014/01/25/bangladeshi-expats-in-us-cant-avoid-tax#comment-1221850286
FATCA in Bangladesh. Some hack got to the Mark Twain nom de Plume first. He probably tracks the Sam Clemmons I created. I responded to him & await moderation for the FATCA positions of DA, Repubs Overseas, & Rand Paul.
Another FACTA website for Brockers to check out now and then – – Called FACTA Daily
Here is link for today’s post:
http://paper.li/CUMicah/1328750124?edition_id=3268ef40-8b4c-11e3-b939-0025907212e8
Anyone want to send comments to the Slovenian Parliament?
http://www.tax-news.com/news/Slovenia_Initials_FATCA_Agreement_With_US____63566.html
Slovenia Initials FATCA Agreement With US
by Ulrika Lomas, Tax-News.com, Brussels
04 February 2014
On January 28, Slovenia’s Ministry of Finance announced that Slovenia and the United States had initialed the text of a bilateral inter-governmental agreement (IGA) for the implementation of the Foreign Account Tax Compliance Act (FATCA).
FATCA, enacted by the US Congress in 2010 and, taking effect on July 1, 2014, is intended to ensure that the US obtains information on accounts held abroad at foreign financial institutions (FFIs) by US persons. Failure by an FFI to disclose information on their US clients, including account ownership, balances and amounts moving in and out of the accounts, will result in a requirement to withhold 30 percent tax on payments of US-sourced income.
To address situations where foreign law would prevent an FFI from complying with the terms of an FFI agreement, Treasury has developed model IGAs.
Under the terms of the Model 1 IGA between Slovenia and the US, Slovenian FFIs will be required to report their information to the Slovenian tax authorities, which will then automatically exchange the information with the US Internal Revenue Service. The automatic exchange of information will be reciprocal, and data will also be available on accounts held in the US by Slovenian residents.
The agreement will need to be further discussed by the Slovenian Government, and then signed, before the process of its ratification by the National Assembly can begin.
It sure does not look like there is going to be another delay.
No US persons or US investments but the US wants to mess with them. Notice they mention threats from the US to damage the trustees reputation.
http://citywire.co.uk/money/trustees-new-rules-could-scupper-your-us-holiday/a769034