FATCA and the United Kingdom
Posts on The Isaac Brock Society website concerning
FATCA and the United Kingdom
For articles on other websites, see Media and Blog Articles
For general discussion of FATCA, see FATCA Discussion Thread
April 2019
02: Event: Congressman Holding, Proposed Changes for Taxation of Americans Abroad, London, UK, 24 April
September 2018
27: Interview with Solomon Yue & John Richardson in London UK Sept 2018
27: Legislation to help American expats imminent, London audience told
14: AmChan RO & DA September 2018 London Paris Frankfurt
10: Non-partisan discussion set for London on efforts to end U.S. citizen-based tax regime
August 2018
02: Update on UK Accidental Americans
July 2018
03: The Repatriation tax and the 962 Election for Americans with a U.K. corporation (9)
01: U.S., U.K., Canada, Australia and Netherlands form international tax enforcement group
August 2016
02: Reminder – Solving U.S. Citizenship Problems – LONDON UK Sunday, August 7, 2016
July 2016
16: Why Boris Johnson must relinquish US citizenship on the occasion of his appointment as British Foreign Minister
February 2016
24: Solving US Citizenship Problems-London UK Monday, February 29, 2016
June 2015
02: Boris Johnson: proud double-taxpaying supporter of the Anglo-American imperium
Mary 2015
29: The ISA, *exempt from FATCA Reporting* says UK Intergovernmental Agreement with the US…
March 2015
25: Eritreans in UK fight back against diaspora tax
February 2015
25: Reminder for London UK Information Session – Monday, March 2, 2015
15: Failure to launch for Boris Johnson
December 2014
04: About @MayorOfLondon Boris Johnson by Laura Saunders @Saunderswsj features familiar names
01: From ACA — To the Editor of Tax Notes — a Thank You to Boris Johnson
November 2014
August 2014
23: Non-US Accounts Being Reviewed in UK at the Expense of Non-US Persons
October 2013
02: BBC Article: Why I Gave Up US Citizenship
September 2013
30: BBC World Service: What it feels like to give up your American citizenship
26: Via @BBCNewsMagazine, Why are Americans Giving Up Their Citizenship? Simple Answer: #FATCA
14: Why people renounce citizenship: a view from London
August 2013
26: Britain condemned the diaspora tax
June 2013
13: Cameron continues to push Harper to signup to FATCA
08: UK PM Cameron pushing hard against US Congress to break Delaware secrecy
November 2012
19: UK Explanatory Memorandum on FATCA IGA
August 2012
28: British want their own version of FATCA
June 2012
30: Meet Accidental American Boris Johnson, Mayor of London
May 2012
08: U.K.'s Association of Investment Companies suggests members not comply with FATCA
February 2012
@Heidi
Whenever i read what you write here, I agree with you! 🙂
But I think Boris also has his own agenda and interests. America didn’t enter World War 2 out of altruistic motives. But when push comes to shove, its nice to have somebody on your side.
@polly
Agee with you too!
Yes , there is an agenda and I believe it was revealed with Ian Duncan Smith’s loud verbal outburst against the EU proposal of future tax harmonisation.
I think the agenda is to make the UK a low regulation, low corporate tax system, similar to Singapore , so the likes of Reece Mogg can bring his foreign Corporate profits back with little or no tax obligations.
Found this analysis of the current state of Brexit very interesting. What a cluster****!
“Mr Johnson campaigned to be the next PM on the basis that he would use the threat of a no deal Brexit to try to force the EU to accept a different withdrawal agreement. He has said (among other things) that any deal that is acceptable to him will need to remove the Backstop, and that he will not seek any form of extension to avoid a no deal Brexit, even if negotiations are very close to completion at 31 October 2019.
Many people believe it will not be possible to agree a new deal before 31 October, given these differences in position, the political environment, and the steps that will need to be taken before then.
What are the chances of securing an extension before 31 October?
The steps that will need to be taken to secure an extension are summarised in the Appendix to this update.
For the reasons in the Appendix, Parliament is expected to try and prevent Mr Johnson from exiting the EU without a deal. There seem to be two main ways to do that:
• A motion or legislation forcing the government to seek an extension, or authorising someone else to seek an extension; or
• A vote of no confidence, the formation of a new coalition government which will seek an extension, followed by a general election.
Although it appears that most members of Parliament would like to stop a no deal Brexit, timing may be an issue. The 31 October 2019 deadline might pass before Parliament can coordinate itself to complete one of the processes above or take some other action to stop a no deal Brexit.”
https://www.mayerbrown.com/-/media/files/perspectives-events/publications/2019/08/brexitupdate_aug19.pdf
@BB
As my Swiss and European colleagues say, it will be a catastrophe, but I like cluster****.
British citizens born in US risk having UK bank accounts frozen
@kalyeena
Mon 26 Aug 2019 02.42 AEST
https://www.theguardian.com/business/2019/aug/25/british-citizens-born-in-us-risk-having-uk-bank-accounts-frozen?utm_term=Autofeed&CMP=twt_gu&utm_medium=&utm_source=Twitter#Echobox=1566752062
FATCA Legal Action in the U.K. Fires Up!
From @jenny
Another video be @EvanEdinger in the U.K.: “Would I Ever Renounce My U.S. Citizenship”
https://www.youtube.com/watch?v=Hjo7quY0NZk&feature=youtu.be
Pls RT/Like his Tweet:
“I made a new community video based on comments from my US taxes abroad video!”
https://twitter.com/EvanEdinger/status/1316821437068521477?s=20
Very interesting details bout Jenny’s lawsuit (….”Jenny Webster and her legal counsel, Filippo Noseda, about her lawsuit before the United Kingdom High Court challenging the Foreign Account Tax Compliance Act. );
Feb 2, 2022
The FATCA Wars: Jenny Goes To Court
Tax Notes
Robert Goulder Contributor
https://www.forbes.com/sites/taxnotes/2022/02/02/the-fatca-wars-jenny-goes-to-court/?sh=12db3ab14166
Also;
interesting collection of “…correspondence between Mishcon de Reya and the relevant institutions, such as the Information Commissioner’s Office, the European Parliament, the Petitions Committee (PETI), the European Data Protection Board (EDPB), the European Commission (TAXUD) and the Organisation for Economic Cooperation and Development (OECD)…”…
https://www.mishcon.com/news/correspondence