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
If clicking on a comment link brings you to the wrong comment, click here to get on the most recent page of comments.(alternatively, to reach the most recent comment page, go to the url in the bar at the top of your browser and delete everything after http://isaacbrocksociety.ca/media-and-blog-articles-open-for-comments-part-2-of-2 )
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.
@Calgary I KNOW! Damn, if they don’t file today…….
I’ve been watching Republicans Overseas facebook page. Is there any other place to watch for the announcement?
I’m watching https://www.facebook.com/groups/AmericanExpatriates/490813947751349/?notif_t=group_activity
Don’t know what this means but Rand Paul tweeted: “I’ll be joining @seanhannity tonight at 10 PM ET to discuss the top issues of the day. I hope you’ll tune in!”
John Hanson @JohnXHanson 2h2 hours ago
@JCDoubleTaxed I know they were looking for three people. I have no names or more details.
This in regards to a major network wanting to tag along with US person renouncing. Noted comments above that they would not be let in a US embassy. However, there may be before and after interviews. Mystery! Who is this network?
Thanks, Charl. Best clue so far!
Republicans Overseas facebook page just posted a form to make contributions to FATCA legal action. That might be a sign too.
https://www.facebook.com/republicansoverseas/posts/404976333019501
Republicans Overseas Action just filed FATCA/FBAR Complaint and Motion for preliminary injunction against Obama regime and the IRS with eight counts constitutional violations in the U.S. District Court for the Southern District of Ohio at Dayton on behalf of 8.7 million overseas Americans. In addition, we want the federal court to stop Obama’s IRS by immediately issuing a preliminary injunction that will protect Americans overseas from FATCA and FBAR until a trial can be held by the court. Please see ROA Press Release, Ten Detailed Points, and Description of Each Plaintiff below.
I like the “immediate injunction” part and the fact that they thought of the stateside green card holders in the press release.
BINGO!
Keith REDMOND @kred65 2m2 minutes ago
Keith REDMOND retweeted Solomon Yue
#FATCA It’s not about being Republican or Democrat, it’s about OUR RIGHTS as US citizens living overseas!!!!
Keith REDMOND added,
Solomon Yue @SolomonYue
REPs Overseas filed #FATCA lawsuit w/ 8 constitutional claims & Motion 4 preliminary injunction against Obama’s IRS. http://v.gd/bLqY82
1 retweet 1 favorite
Do they accept anonymous cash donations, a la ADCS?
NEW lawsuit excellent opportunity to bring more attention to ADCS lawsuit. Now 2 lawsuits against FATCA in both Canada and the US. 1st lawsuit against FATCA IGA in Canada now followed up by lawsuit in the US. Etc., Etc. Lets plan to work it and also bring attention to Isaac Brock with the aim of growing the community.
@foo ADCS takes envelopes with cash, but PayPal works as well.
@JC,
Yes, what I am wondering is whether the Bopp lawsuit can take cash in envelopes, the way ADCS does. They don’t list that as an option on their funding page. Wonder if there is some law requiring them to document their sources? (In which case cash might just get donated to the Treasury or the Red Cross or something, and not be used for the lawsuit.)
Rand Paul sues Obama over foreign banking law
http://www.washingtontimes.com/news/2015/jul/14/rand-paul-sues-obama-over-foreign-banking-law/
Rand Paul Sues IRS Over Foreign Account Taxes, Disclosures
http://www.bloomberg.com/news/articles/2015-07-14/rand-paul-sues-irs-over-foreign-account-taxes-bank-disclosures
We guessed it Frame it as Taxes.
I enjoyed this French-language HuffPo post “Sovereigns and Subjects” which describes the US’s “judiciary imperialism” ways in which China resists it and Europe bows to it.
http://www.huffingtonpost.fr/daniel-soulez-lariviere/souverains-et-sujets-les-etats-unis-la-chine-et-le-reste-du-monde_b_7785770.html?utm_hp_ref=france
We have another tax payer advocate stab at FATCA:
http://www.taxpayeradvocate.irs.gov/Media/Default/Documents/2016-JRC/Area_of_Focus_4_Implementation_of_FATCA.pdf
Ricardo Hausmann, a Harvard professor, recently published an article called “The Diaspora Goldmine”. It seems that Fidel Castro has as jaundiced a view of the Cuban diaspora as the Obama administration does of the American diaspora:
“A country’s diaspora, and the diasporas it hosts, can be a huge asset for its development. Diasporas are not gusanos or worms, as Fidel Castro refers to Cubans abroad. They are a channel through which not only money, but also much tacit knowledge, can flow, and they are a potential source of opportunities for trade, investment, innovation, and professional networks.
But a diaspora can work its economic magic only if the host country tolerates it and the home country appreciates it. Governments should have a diaspora strategy that builds on natural feelings of identity and affection to cultivate this social network as a powerful source of economic progress.”
http://www.project-syndicate.org/commentary/remittances-not-only-benefit-to-homeland-economies-by-ricardo-hausmann-2015-06
I would have thought more articles
Rand Paul Sues Obama Administration Over FATCA
http://wealthmanagement.com/legal/rand-paul-sues-obama-administration-over-fatca
@Neil Good one. I had thoughts and plans of suggesting to the tax payer advocate additional/modification of the Tax Payer Bill of Rights. One clear one I want added is: Reasonable Compliance Cost. Then also maybe Reasonable Compliance Penalties.
TAS supports Same Country Exception because it decreases the FFI’s reporting burden. So does letting that customer go, completely. It also adds at least another layer of ongoing scrutiny.
From reading, it’s pretty obvious the IRS has no respect for the NTA. Thanks for trying though, Nina.
Sounds like a compliancer viewpoint with a new twist: remove the draconian penalties and more, many more will comply.
Rand Paul and others sue US Treasury, IRS over FATCA and FBAR penalties
https://www.irsmedic.com/2015/07/15/rand-paul-and-others-sue-us-treasury-irs-over-fatca-and-fbar-penalties/
CAN leave a comment.
Rand Paul Sues Obama Administration Over FATCA
http://www.courthousenews.com/2015/07/15/rand-paul-suit-blasts-foreign-banking-rules.htm
The article at Courthouse News is a good one. From the “About Us” information about this site —
“Courthouse News Service is a nationwide news service for lawyers and the news media. Based in Pasadena, California, Courthouse News focuses on civil litigation, from the date of filing through the appellate level. Unlike other Internet-based publishers that simply aggregate information prepared by other content providers, Courthouse News publishes its own original news content prepared by its staff of reporters and editors based across the country.”
WealthManagement.com: Rand Paul Sues Obama Administration Over FATCA
Thanks @Neill re the Taxpayer Advocates comments; ex. “….FATCA starts with
the unsubstantiated assumption most taxpayers are bad actors and implements a draconian enforcement
regime applied to everyone, even to the vast majority of taxpayers who have been, and likely will continue
to be, fully compliant.”………
http://www.taxpayeradvocate.irs.gov/Media/Default/Documents/2016-JRC/Area_of_Focus_4_Implementation_of_FATCA.pdf
That would be good evidence to present in the various lawsuits. Even someone whose life is dedicated to the IRS can see and is willing to state that FATCA is draconian and deems all outside the US to be guilty before the fact.