Very good work being done by those at the Accidental Americans FB group. Fabien Lehagre posted this today.
Good Afternoon –
Please find below the links to the final report (original in French and a rough translation in English) from the French Ministry of Foreign Affairs of the French Commission on US Extraterritorial Overreach which includes FATCA (Foreign Account Tax Compliance Act) and the US practice of Citizenship Based Taxation and the adverse effects on French citizens who are Accidental Americans and French/American nationals which was published today. I have also added the link for the video presentation of the report (in French).
I have also attached a summary both in French and in English of the French Commission’s findings.
ROUGH ENGLISH TRANSLATION
I. EXTRATERRITORIAL: EXTERNAL PERCEPTION OF “NO PROBLEM” THE AMERICAN PERSPECTIVE
A. EXTRATERRITORIALITY, VIEWPOINT QUESTION
B. DESIGN SOME OF THE ROLE OF LAW
C. CONFLICTS OF AGGRAVATED BY BLOCKING CURRENT POLITICAL SYSTEM
II. ISSUES OF CERTAIN EXTRATERRITORIALITY US LAWS
A. THE ECONOMIC AND FINANCIAL ISSUES
B. ISSUES POLITICAL AND DIPLOMATIC: THE DANGER OF COUNTER-PRODUCTIVE, INCLUDING THE AMERICAN PERSPECTIVE
III. ANALYSIS OF LEGAL EXTRATERRITORIAL LAWS OF US
A. GENERAL FOUNDATIONS OF LAWS TO REACH EXTRATERRITORIAL
B. PRACTICE: KEY “INPUTS” US LAWS OF EXTRATERRITORIAL
C. AMERICAN PRACTICES OF ACTION IS BASED ON UNCERTAIN CRITERIA, METHODS OF INTRUSIVE, OR ABUSIVE
IV. A POLITICAL AND LEGAL IN FRANCE AND EUROPE DO NOT POSING LIMITS extraterritoriality AMERICAN LAW
A. NO POLICY “CONVINCING” REPRESSION OF INTERNATIONAL CORRUPTION MAY LIMIT THE INTRUSION EXTRATERRITORIAL AMERICAN
B. RECOGNITION OF THE APPLICATION OF FRENCH FATCA TO ADVERSE SIDE EFFECTS: THE PROBLEM OF “AMERICAN INCIDENTAL»
C. THE EMBARGO AND INTERNATIONAL SANCTIONS APPLIED BUT MAINLY EUROPEAN AND SANCTIONED NATIONWIDE
V. RECOMMENDATIONS OF THE MISSION: WEAPONS EQUAL TO PLAY
A. DEMAND RECIPROCITY AND EQUAL TO ACQUIRE WEAPONS TO FORCE POLICY CO-
B. THE EMBARGO AND ECONOMIC SANCTIONS: STRENGTHENING OF EUROPEAN MEDIA AND CLARIFICATION REQUIRED WITH DIPLOMATIC THE UNITED STATES
C. THE NECESSARY TOOLS TO ACQUIRE THE MEANS TO BE “WEAPONS TO EQUAL”
D. ANOTHER TRACK COOPERATION: INTERNATIONAL NEGOTIATIONS IN PARTICULAR THAT OF THE TRANSATLANTIC PARTNERSHIP, THE OFFER THEY FORWARD OPPORTUNITIES?
SUMMARY OF PROPOSALS
CONTRIBUTION OF JACQUES MYARD
WORK OF THE COMMISSION
APPENDIX 1: LIST OF PERSONS INTERVIEWED BY THE MISSION
APPENDIX 2: LETTER UNAI