Nov./5/09 – FATCA Hearing pg. 13- Treasury confirms that FATCA is specifically intended to include #Americansabroad https://t.co/xwswNkDF6d pic.twitter.com/7X3gqPa2dY — Citizenship Lawyer (@ExpatriationLaw) April 15, 2017 The purpose of this post is, as put forth by Tim: This is a copy of the transcript of the one and only hearing on FATCA in the US Congress
Articles on FATCA, CBT, Citizenship matters that have come to our attention during 2017. For 2018 articles, go to Media and Blog Articles Open for Comments. For articles which came to our attention during 2016, go to Media and Blog Articles (2016). For articles which came to our attention during 2015, go to Media and
No, seriously, they totally do! Don’t believe me? Just look at the latest and greatest non-binding bipartisan resolution from Capitol Hill, brought to you by Senators Al Franken & Amy Klobuchar (D-MN), Ron Johnson (R-WI), and Tammy Baldwin (D-WI): A resolution expressing the regret of the Senate for the passage of section 3 of the
From an article last week in a South Korean newspaper, I was able to get a lead on some statistics I’d been trying to find for a while: the number of U.S. green card holders who reside in South Korea without making declarations of permanent return (which would require them to cancel their green cards).
Update, 24 April 2014: As it turns out, Adam Geller of the Associated Press has finally overturned my prediction that you’d never see Davis’ story in the U.S. media; he interviewed Davis for his story “More renounce U.S. citizenship, but deny stereotype”: When the team’s owner suggested last year that he join Taiwan’s national team,
As a House companion bill to Senator Carl Levin’s S. 268: CUT Loopholes Act , this HR 1554 Stop Tax Haven Abuse Act by Rep. Lloyd Doggett [D-TX35] contains more FATCA complexity before the ink is dry on the current fiasco. Do a find on FATCA in the text, and it comes up 22 times starting with Sec. 102.
Some time ago, a poster here (I believe it was Tim?) pointed us to the 1995 Joint Committee on Taxation report “Issues Presented By Proposals To Modify The Tax Treatment Of Expatriation”. This report was issued during one of the U.S. periodic witchhunts against the alleged flood of rich people who were “fleeing the country
I thought it might be interesting to post a transcript of one of the few limited debates the US Congress has ever had on anti expat legislation. http://capitolwords.org/date/2012/06/06/H3505_motions-to-instruct-conferees-on-hr-4348-surface-t/ You have to scroll a little bit to get to the part where son of FATCA and passport confiscation gets discussed. The debate is very partisan with
According to an Associated Press report from Moscow, U.S. Trade Representative Ron Kirk stated in a speech to the American Chamber of Commerce in Russia that “it’s necessary for us to lift Jackson-Vanik”. There doesn’t seem to be any transcript or video of Kirk’s speech, but you can see the AmCham page about the event
WHAT IS THE REAL SIZE OF THE U.S. FEDERAL TAX CODE AND HOW HAS THIS CODE BEEN EVOLVING? This is the second in a series of comments made by Andy Sundberg, Fellow and secretary, the Overseas American Academny, Geneva, Switzerland, 12 February 2012. He may be reached at andy at sunberg dot com. To see