“Logline” from the extensive press kit for this new documentary film:
The investigative documentary Faliciani‘s Tax Bomb follows the tracks of the obscure whistleblower Hervé Falciani who — being responsible for the so-called Swiss Leaks — caused the biggest bank data theft in the history of HSBC Bank. His delicate information hit the international finance sector like a bomb and uncovered massive tax fraud strategies exceeding billions of Euros, finally triggering off a heated debate between financial experts and political leaders about the legitimacy of tax havens. Hervé Falciani is said to be the Edward Snowden of the banking system. He is currently on the run from being arrested by the Swiss authorities.
Looks incredibly interesting.
How are these sorts of movies distributed? How can we see this?
And now the entire modern world seems to have to pay:
Fatca
Common reporting standard
And,…..
http://www.oecd.org/tax/exchange-of-tax-information/automaticexchange.htm
Not everyone Steve. How about a list of countries that won’t cooperate? Antigua considers FATCA to be extortion. The USA is about to close its military base there as the Chinese take control of the economy. FATCA stops here. Antigua is the hub of the West Indies and in my opinion the centre of the upcoming rebellion in the region. Others will follow. Fatca and the new world order are a farce and doomed once the American imposedinserted leaders are turfed out by populations fed up with Capitalism and manipulation. Can you feel me brothers?
Unfortunately the press kit reads somewhat like an older version of Google Translate.
It mentions that the US was much more enthusiastic in embracing whistleblowers against tax evasion in Switzerland than was Europe. OK. Too bad the US wasn’t as enthusiastic about Snowden and Manning. Or about homegrown tax evasion and optimization. Or about gun control.
Hey! The US doesn’t have gun control because the US Constitution has a Second Amendment. It doesn’t have a Fourth, Fifth, Sixth, or Eighth Amendment, but it has a Second Amendment.
😀
@Norman Diamond: I share your sardonic look at this situation. But, joking aside–and though I would like to see all guns in America confiscated and melted into ploughshares–I sort of understand now how Second Amendment fundamentalists feel, in that their entire view of American politics is seen through the filter of their obsession with gun rights, as if the Constitution is the Second Amendment and the rest is just filler. Just like I (and, I think, most of us here) have become one-issue voters, placing the fight against CBT and FATCA above all other considerations.
And I know how my Homelander friends see me, obsessive over this single issue, as just another fanatic. If only we had the budget of the NRA, though, think of the things we could accomplish.
http://www.bna.com/attorney-predicts-long-n57982058952/
Above article about the Bopp case, ACA continues to endorse Same Country Exemption and put its faith in the US legal and legislative systems.
http://www.huffingtonpost.ca/cleo-hamel/fatca-court-challenge_b_8223238.html
The tax expert at Huffington while agrees FATCA is unfair, the ‘tax expert’ doesn’t believe the courts will help. This expect clearly didn’t understand the scope of the summary trial and the injunction. Neither addressed the fundamental Charter challenges directly.
The Wikipedia entry on him is very interesting:
https://en.m.wikipedia.org/wiki/Herv%C3%A9_Falciani
@Norman Diamond
The day will come when the 2nd Amendment is appreciated by all. It will be the day when homelanders themselves throw the tyrants out — and they will need guns to do it.
@Don re the BNA article October 1, 2015
‘Attorney Predicts ‘Long Fight’ After Effort to Block FATCA Is Rejected’, quoting the Democrats Abroad and the ACA:
“……Stakeholders who support more moderate approaches to easing FATCA requirements said the ruling shows how difficult—if not impossible—it will be to get full repeal.
Katie Solon, international chair for Democrats Abroad, said her group will continue to press for residency-based taxation, while Marylouise Serrato, spokeswoman for American Citizens Abroad (ACA), said her group supports a same-country exception because it is much more easily implemented and has the support of the IRS National Taxpayer Advocate and lawmakers on Capitol Hill.
Charles Bruce, counsel for the ACA, said the ruling is “not surprising. I didn’t think they had much of a chance…….””
We know the DA don’t want any challenge to FATCA to succeed.
Reading the comment by ACA counsel, I wondered whether perhaps ACA would prefer that the US and the Canadian legal challenges to FATCA fail, because they themselves have chosen to put all their eggs into the ‘Same Country Exception’ basket ( https://americansabroad.org/issues/fatca/same-country-exemption-put-forward-treasury/ ) and have to rationalize that choice.