10 thoughts on “Global News “…the cost is not enough for them to not do it, because the relief they will get from having ceased to be a U.S. person is greater than the cost.””

1. A CLN is a good investment.

2. And, in case you missed it in Stephen Kish’s update today, an important PS. If you need any more reason to turn those pockets inside out…

    

   $36,060 more needed in 8 days to make the May 1 2015 payment for Canadian FATCA IGA lawsuit/ Il nous reste 36,060 $ à ramasser pour notre poursuite judiciaire

    

   An anonymous donor said this to me today in a long letter:

   “…I can feel the fatigue in our small team, but please forward my words of encouragement: We are the only ones fighting FATCA [‘…the most arrogant piece of illegal, immoral and evil overreach by any foreign — yes, America happens to be foreign to the rest of the world…’] and CBT and any injury we can do to it will crack it open and show how evil it is inside. If we stop, nobody will do it…”

   He/she describes some of the harm:
   

   “…I also join a small testimony how all this affected my family…My mother, the only one with a hint of a long faded American accent, is scared of talking in public. She hasn’t had access to a bank account in three years, she cannot be associated with any of our businesses and cannot even be named on any of the assets she should be entitled to. She has become a non-person and so would we if our very dirty secret was discovered. Because of the fear of her place of birth being noticed at the U.S. immigration, we missed the funerals of her four closest relatives, including her parents. [Bold in original:] Let me repeat this: my mother wasn’t present at her parents’ funerals because she feared it might destroy the life of her husband and children!…“

   Damn all that has made such things happen!!! If you want to stop such outrageousness, please donate so we can make the May 1st payment on justice: http://www.adcs-adsc.ca/.

3. “the common reporting standard will require financial institutions in Canada to implement due diligence procedures to identify accounts held by non-residents and report certain information relating to these accounts to the Agency. It will not require reporting on accounts held by residents of Canada with foreign citizenship. The standard includes important safeguards to protect taxpayer confidentiality and ensure that the exchanged information is used only by tax authorities and only for tax purposes.”. I wonder what would happen if someone wrote to their MP expressing support for this proposal to overturn the FATCA IGA.

   Regarding the person mentioned in the letter to Stephen Kish, no wonder the writer’s mother won’t speak in public. I almost panicked when a guest at a social event, whose hobby was identifying regional accents, said, “You’re originally from Philadelphia, aren’t you?” I haven’t lived in Philadelphia for 65 years, except for a few months in the 60s, and short visits to relatives in the 50s and 60s! I grew up in CT, but left in 68. He recognized the hint of a CT, accent, but also detected the slight trace of Phil. lurking in the background. In our conversation I was able to find out where he worked, and relaxed when I learned that he did not work for a bank. he didn’t know my name, but I worried that if he could so easily identify my American taint, someone at the bank might have the same hobby. No one had ever mentioned it, though, and now I have a CLN so I’m safe.

   If this proposed CRS is approved, according to the wording, FATCA will be overturned and all “U.S. persons” in Canada will be safe – right?

4. No mention of ADCS in the article or comments thus far. Good opportunity to spread the word.

5. Anyone having problems with the comment section there?

6. @ JC
   I think you have to be a Facebook user to comment. There is one very good comment by a Brocker we know.

7. I see 4 comments. I think there is a problem if you are not signed on to facebook when you look at the comments. When I sign on to facebook I see all 4 comments, but otherwise I just see one comment – weird.

8. BTW. It is not hard to make a fake facebook profile just for commenting. Dream up any name you like, but make it sound like a real person (i.e. not Embee or Dreamer, etc, but something like Dick Pound would work).

9. It would not let me register because it said I had an existing account. It would not sign me in with a password I expected to have used there. It would not send me a new password to the address I entered.

10. Here is a name to watch for on the next upcoming Federal Register Name and Shame list, and the FBI NIC list;
    http://www.cbc.ca/news/canada/new-brunswick/david-alward-named-canadian-consul-general-in-boston-1.3047614

    ‘David Alward named Canadian consul general in Boston
    Former New Brunswick premier named to post by Foreign Affairs Minister Rob Nicholson’

    CBC News Posted: Apr 24, 2015 1:40 PM AT Last Updated: Apr 24, 2015 4:25 PM AT

    “…Former New Brunswick premier David Alward has been appointed Canada’s consul general in Boston…”

    “.,,,Alward, who had dual citizenship, had to renounce his U.S. citizenship to accept the diplomatic posting there…..”

    You might remember Conservative Alward from these stories:
    http://hodgen.com/new-brunswick-premier-is-in-the-ovdi/
    http://intltax.typepad.com/intltax_blog/2011/10/new-brunswick-premier-caught-in-us-tax-net.html

    Wonder how long he had to wait to get an appointment with a US consulate or embassy in order to renounce/relinquish? Did he have to wait for months and months like ordinary Canadians are having to do?
    No more FATCA/FBAR filings for him.
    But despite having firsthand knowledge ( http://intltax.typepad.com/intltax_blog/2011/10/new-brunswick-premier-caught-in-us-tax-net.html ) of the plight of those Canadians like him deemed to be USTaxablepersonsinCanada, he chose to stay mum and provided NO support for his fellow Canadians born with US status.

    Too bad no media is making these connections.