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Media and Blog Articles – part 2 of 11 (Year 2015)

You can access all years at this link: Media and Blog Articles – Links for All Years

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Media and Blog Articles

EmBee suggested that it would be good if there was a thread for new articles, so that people would be aware of where to comment. So, I created this permanent page.  You could mention such articles in the comment stream for this page, or if I see one on another thread, I can copy the link to here. I’ll keep adding to the list, but not deleting, so we’ll end up having sort of a “bibliography” too.  [Note:  Some articles are not open for comments]

For more articles on FATCA, enter FATCA into Google then click on the link “more news for fatca” just below the most recent featured article.

Note also: JC suggests to see #FATCA on Twitter for latest breaking news. JC finds that is quite a good source and there even are some international articles that one may read using Google Translate.” Others may help certain tweets and articles remain in elevated position by retweeting them.

Be sure to read the comment stream for this thread — there are usually very recent articles mentioned there that are not yet on this list.

2015.01.01
Raising revenue off Caribbean backs, Bruce Zagaris, NationNews, Barbados.
On or about 2016.01.01
16 issues to make 2016 candy for the market, Westfield Times.
2015.12.31
Tax reporting norms: FinMin updates guidance note on compliance, K.R. Srivats, Hindu Business Line, India.
2015.12.30
Top Tax Blogs from 2015, Tax Connections. (Congratulations to John Richardson and Lynne Swanson who placed 2nd and 4th!)
Global dragnet puts pressure on tax evaders as year-end deadlines loom, Jeff Gray, Globe and Mail, Canada.
IRS Employee Whose Job Was Assisting Victims Of Identity Theft Charged in $1 Million Identity Theft Tax Fraud, Paul Caron, TaxProfBlog, US.
How America’s Wealthiest Are Saving Billions Through a Private Tax System, TruthDig.
RA Returns Home, TaxProTalk forum.
2015.12.29
For the Wealthiest, a Private Tax System That Saves Them Billions, Noam Scheiber and Patricia Cohen, New York Times, US.
IRS Stirs Up New Crisis With Non-Profits Over Social Security Numbers, Eric Pianin, The Fiscal Times.
DNC Must Heed Warning Bells From 2000, Bennet Kelley, Huffington Post, US.
2015.12.28
IRS Creates “International Practice Units” for their IRS Revenue Agents in International Tax Matters, Patrick Martin, Tax-Expatriation, US.
MF investors: Les than a4th comply with US tax law, Jayshree P. Upadhyay & Ashley Coutinho, Business Standard, India.
IRS service should improve after some saw their ‘worst tax season,” advocate says, Robert Schroeder, MarketWatch, US.

Articles from earlier in 2015 are at this link

 Articles from 2014 are at this link

Media and Blog Articles Open for Comment thread, Part 1 of 2, is at this link

Media and Blog Articles Open for Comment thread, Part 3 of 3, is at this link

1,837 thoughts on “Media and Blog Articles – part 2 of 11 (Year 2015)”

  3. Same old shit. Crappy journalism from ‘Canada’s leading newspaper’. we’re not getting very far with these idjits.

    Tax cheats are facing a series of year-end deadlines to come clean, as an international dragnet affecting both wealthy Canadians with offshore accounts and Americans in Canada who have failed to file U.S. tax returns keeps tightening.

    http://www.theglobeandmail.com/report-on-business/industry-news/the-law-page/year-end-deadlines-loom-for-tax-evaders-to-report-income/article27965498/

    only 7 comments 2 from IBS.

  4. @Duke

    make that 3 from IBS

    Someone please tell me I am misunderstanding this:

    Mr. Berg, himself a U.S. citizen, also said that racking up $50,000 in penalties is easy, with fines in the tens of thousands even for just failing to notify U.S. authorities about Canadian accounts such as tax-free savings accounts or registered education savings plans.

    The new legislation will also see “inactive” tax debts that the U.S. Internal Revenue Service has been unable to collect handed over to private debt-collection agencies, he added: “So, it’s not the IRS that may be coming after you, it’s ‘Dog the Tax Bounty Hunter.’”

    Exactly on what grounds can a US collection agency cross the border and come up here after Canadians? It’s bad enough hearing the endless going on about the Reed Amendment, that not have a CLN more or less makes you a US citizen, that you most likely have not lost your US citizenship when you relinquished decades ago……..but this?

    Honestly, I really have to question the amount of bad information out there on the internet………and it isn’t coming from Brock……

  5. Berg is using the same old scare tactics. The message we need to convey has 2 essential parts. 1. The IRS has no way to know Canadians have or haven’t many accounts such as RRSPs and TFSAs and no way to assess penalties on such accounts and 2. Dog the Bounty Hunter will be going after low hanging fruit- many millions owed by tens of thousands of Americans living in the homeland.

  6. http://www.theglobeandmail.com/report-on-business/industry-news/the-law-page/year-end-deadlines-loom-for-tax-evaders-to-report-income/article27965498/comments/

    Patricia Moon 1 hour ago
    “So, it’s not the IRS that may be coming after you, it’s ‘Dog the Tax Bounty Hunter.’”

    Am I hearing this correctly? We are now being told that American collection agencies/bounty hunters will be able to cross the border to go after Canadians unfortunate enough to have US taint? And then what? Drag them down to a U.S. jail? Does Canada now lie in U.S. jurisdiction? I am familiar with the revolting idea that American police officers will operate here and that they want to apply U.S. law. But private debt collectors? And where will the warrants come from? Except for FATCA form 8938, it’s my understanding the IRS has to go through the Justice Department…something the minnows up here in Canada surely cannot be worth their time/effort
    Now I’ve heard everything..

  8. @Neill

    Besides the green card… I found out if u don’t *log* out of the US tax system properly… u owe even if the visa expired… whenever…. never heard that before… I have been to many countries… some on visa… when that expired… they just waved bye-bye… off u went…

  10. @US_Foreign_Person,

    I actually feel it’s the height of arrogance that they expect tax compliance with no right to enter the country even. Way beyond CBT even.

  11. 16 issues to make 2016 candy for the market
    8. More KYC hassles: All types of abbreviations such as Fatca (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) mandated by foreign countries and those by local regulators such as KYC-II and UBO (Ultimate Beneficiary Owner) might hassle you if you have investments in capital markets. These are part of an ongoing global war against tax evasion and undisclosed money. But, if these result in a cleaner, more transparent environment, genuine investors wouldn’t mind.

    http://www.westfieldtimes.com/business/16-issues-to-make-2016-candy-for-the-market/92230/

  12. This thread is now closed due to its length. Please comment on the new thread Media and Blog Articles Open for Comments, Part 3 of 3. Thanks.

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