Liberty and justice for all United States persons abroad

The Isaac Brock Society

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.

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)”

  2. calgary411 says
    August 20, 2015 at 10:33 pm
    JakDac,

    This may answer your questions on getting published at the WSJ: Op-Ed Guidelines for The Wall Street Journal.

    Thanks I remember something about the pen and sword EVERYONE stab away

  4. Hey JC….and others! I’m sounding like a lone lune on the WSJ article! (Indeed most are sympathetic but a few are NOT…you fat cat tax cheats).

  7. Charl: The paragraph below is from one of your comments on the WSJ article … where did you get this quote? I see it’s a Treasury Department document but I’d love to know the exact source. It’s magnificent to see … *in print* … the U.S. government in direct contradiction of itself!

    From the Treasury Dept: “To promote the tax policy goal of conforming with international norms, countries should, to the extent possible, adopt broad tax policies that harmonize with the tax policies generally in use internationally. The adoption by one country of tax policies that deviate significantly from international norms can lead to double taxation or double non-taxation. Further, rules that are inconsistent with those generally in use internationally tend to increase administrative burdens.”

  10. http://www.huffingtonpost.ca/2015/08/20/civil-rights-groups-launch-constitutional-challenge-against-bill-c-24_n_8015476.html?ncid=fcbklnkcahpmg00000001

    I wondered and suggested they (British Columbia Civil Liberties Association) weren’t including *US Persons in Canada* (the first group deemed second-class citizens), unless we are included in the total of all such citizens who are affected by

    …A new law that gives the federal government the power to revoke Canadian citizenship for certain dual nationals undermines the country’s identity and violates its Constitution.

    This article says:

    …the bill could have an impact on millions more than Ottawa’s intended target,

    As has been said of ignoring of the *US Person / FATCA IGA* issue by Canadian Civil Liberties Association (CCLA) and the reason they are not saying anything about the FATCA problem, no one has suffered harm yet by the US extra-territorial law overriding the Charter rights of one million Canadians, their spouses, their children, their business partners.

    Why now? Why not for *US Persons in Canada*?

  12. Liberties Association (CCLA) and the reason they are not saying anything about the FATCA problem, no one has suffered harm yet by the US extra-territorial law overriding the Charter rights of one million Canadians,

    I disagree with this. There are many here at Brock who have been financially terrorised by the policy. The definite harm is by CBT and tax treaty gaps, why don’t they go after that? With FATCA coming in as the enforcement mechanism many have been terrorised and exposed themselves to the harms of CBT to become “compliant.”

  14. @Charl Re: FATCA Follies. Perhaps your comment is needed here about the multitudes of articles about expats for years and the situation they are in and nothing being done and journalists not interviewing government authorities responsible. I remember your post on Forbes about this. Did you save that post? I am thinking along these lines yet might not get there until tomorrow.

  15. JC, as I think most here do…

    I disagree with this. There are many here at Brock who have been financially terrorised by the policy. The definite harm is by CBT and tax treaty gaps, why don’t they go after that? With FATCA coming in as the enforcement mechanism many have been terrorised and exposed themselves to the harms of CBT to become “compliant.”

  17. http://lawprofessors.typepad.com/intfinlaw/2015/08/is-the-irs-indicating-that-fatca-isn.html
    ‘Thursday, August 20, 2015
    Is the IRS indicating that FATCA isn’t going to work?’

    By William Byrnes

    “..It appears that the strategy for bringing non-compliant taxpayers into compliance is hodge podge, without thought to the ramifications of each, as a whole, and without addressing underlying problems, like taxpayer education and easy to file FBAR. At least Treasury modified the FBAR date to coincide with the 1040 filing date. But the forms are still uncoordinated with different questions, different filing procedures, different penalties. Just not good administration techniques”

  20. @Charl – Double blast on that FATCA Follies article. The main article is still drawing lots of comments. I supported your call for them to establish tally of where all the Presidential candidates stand on FATCA, FBAR, and Extraterritorial Taxation of US persons living overseas. I get the impression that the “Expat” section does not get a lot of resources and interest at WSJ.

  22. The schizophrenic approaches to nationality (and allegiance, which is the American version of that) and immigration is summed up by Andy Borowitz in his satiric New Yorker comment “Republicans defend right to be born and immediately deported” http://www.newyorker.com/humor/borowitz-report/republicans-defend-right-to-be-born-and-immediately-deported

    So long as the USA remains the “exceptionalist” bully on the block, threatening 30% withholding and exclusion from its financial markets to firms and nationals that do not capitulate — without regard to reciprocity — there will be iniquity, undue hardship, costs to the non-US party disproportionate to the gain to the USA, its entities and citizens.

    The irony is that US citizenship, once recognized has potentially burdensome (conflicting military obligations, loyalty issues and, yes, taxes) was easy to lose, even unintentionally. Then SCOTUS decided it was (mainly) a source of benefits, a “birthright” indeed like any inheritance or talent.

    There are still many questions extant: the distinction between a constitutional, 14th Amendment born-in-the-50-states citizen, and one born abroad or born or naturalized in a US territory. And then there are those with feet in both worlds: Jay Treaty Canadian natives and citizens of Pelau who don’t need green cards to benefit from certain rights of citizens. And noncitizen nationals.

    As for two recent WSJ articles behind their paywall mentioned by @Calgary411, see this Twitter link: https://twitter.com/lloydata (Clicking through Google works only selectively but all articles in the WSJ and hundreds of other newspapers can be read online if you have a library card from a good pubic or university library. (Unfortunately Canadian libraries, especially in Quebec, have more limited online resources.)

  25. Instead of asking the candidates what they are going to do about FATCA, one should ask them what they intend to do about Delaware et.al.

Comments are closed.

%d bloggers like this: