Author Archives: Jefferson D. Tomas

RTS article: La Suisse n’a pas respecté les règles de l’entraide judiciaire avec les USA

Partial translation: Continue reading →

I just noticed a 29 January update on http://genevalunch.com/tag/fatca/ mentionning Tina, Wegelin, and some other issues.  As of now, I see no comments there.  Perhaps a good place for the Brocker SWAT (Special Writers And Theses) team to post a few comments against FATBARDT.  It appears that all comments are moderated, but worth a try.  I successfully submitted a comment mentionning the recent Time article and discussions using FireFox and Facebook login.

http://federaltaxcrimes.blogspot.ch/2013/01/warnings-on-continued-government.html

A Tax Notes Today article reports that the Assistant Attorney General for the
Tax Division, Kathy Keneally, has warned that amnesty for offshore account
evasion will not last forever…

What disturbs me about this article is that bone fide residents abroad appear not to be addressed.

On a somewhat lighter note, since we have Isaac as a mascot here, shouldn’t we have a caricature for our arch-nemisis?   Continue reading →

This just out from Steven Mopsick after a few week’s radio silence:

http://mopsicktaxlaw.blogspot.ch/2013/01/living-with-fatca-uncertainty-what.html

There is some interesting material in his post.   Calling all Brockers, please hammer the Mopsick site with comments and spread the link around as well as the link to this thread here at IBS.    Some quotes: Continue reading →

I just became aware of the article http://www.financialtaskforce.org/2013/01/23/four-questions-for-jack-lew-obamas-pick-for-treasury-secretary/#comment-777179702 via Maple: http://maplesandbox.ca/why-congress-doesnt-get-it/#comment-3892 and posted a comment to Financial Task Force site.  Calling all Brockers: please go to the FTF site and hammer them with comments.  My comment was as follows: Continue reading →

I just came across this article on CNN about the Depardieu saga.  Whatever you think about Depardieu’s manner of reaction to the 75% tax (since blocked by the Constitutional Council of France), I thought that the comments to the article that mention US extraterritorial tax Policy, the FFIE, FTC, etc would be interesting, and I would encourage Brockers quickly to respond the the comments to the CNN article (as I have done, but awaiting moderation), in order to take the oppourtunity to speak to more Homelanders and others about the détails of the issues we face.

http://edition.cnn.com/2013/01/04/opinion/france-depardieu-poirier/index.html?hpt=hp_c4

Just a brief note asking if any of IBS participants have seen this site: http://www.fatcareport.com/ I had posted a link on my own blog a few months ago, and “Boston Tea Party” suggested that I share it with the rest of you. I had forgotten about it. Thanks Boston.

Ueli Maurer, Swiss People’s Party (SVP/UDC), will be President of the Swiss Confederation for 2013. I hope that 2013 will mean bad luck for supporters of FATCA and that Maurer will do something to check US policy, despite that Widmer-Schlumpf will still be finance minister. In my humble opinion expressed here many times before, we have suffered two years of grovelling to US demands by Micheline Calmy-Rey, then Eveline Widmer-Schlumpf. It is about time that somebody have the guts to stand up to the US’s extortion attempts.

Ueli Maurer Will Share his Everyday on Facebook (Article in German)

I wrote Federal Conselor (President Elect) Maurer earlier this morning on Facebook, wishing him a good presidential year, and asking him to have a look at our issues by visiting IBS and the YouTube FATCA Forum videos:
Continue reading →

If the French Constitutional Council rejects a 75% tax on incomes over EUR 1 Million, what should it say about the effects of US double taxation on middle class people, and even people earning welfare and unemployment benefits? How would it see the heinous and excessive FBAR and FATCA non-compliance fines?

I have not yet found the written opinion of the Council, it would be interesting to see what arguments they use and if any of the language and rationales could be applied by analogy to our issues.

The Guardian: France’s constitutional council rejects 75% tax rate