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.
@ LM Excellent comment, yours along with the ones from “American Overseas” (Lucy Stensland Laederich
AARO President and FAWCO U.S. Liaison) and “Swiss Techie” (Daniel Kuettel, FATCA Legal Action plaintiff)
have appeared in the comments and are receiving positive comments. I know some have sent emails to the author of the article as well.
Does KPMG’s right hand with this alleged scheme know what its left hand is doing to (on behalf of?) those who have some kind of USA tattoo? Or is it all Big Four accounting and US tax compliance firms and the Canadian government’s pure hypocrisy?
Badge of Honor: Blocked on Twitter from @moodysgartner They Tweeted their #FATCA services and I followed up with a Tweet referencing: “How To Live Outside The United States In An FBAR And FATCA World”
Kudo’s JC!!! Being blocked is so telling that someone’s position cannot be defended. They just can’t take any heat! (I am beyond surprised I haven’t been turfed from the DA site…yet). It seems everyone anti-CBT/FATCA was turfed from the Tax Fairness FB site….hypocrites!
The CNBC article “More choose to leave the US rather than pay taxes” is rather muddled, to use a commenter’s description of it. The reporter is about 27 years old and this is may be her first attempt at the difficult citizenship renunciation topic. She is possibly the child of Egyptian Coptic immigrants and may think that America is just the greatest land, but then if she were raised in most any other Western country she would likely think the same about it:
https://www.linkedin.com/pub/linda-dimyan/7/695/a90
She also works for Jim Cramer’s “Fast Money” on CNBC. Cramer is a showman and more about entertainment than analysis.
Huffpo Canada article on court case
http://www.huffingtonpost.ca/cleo-hamel/foreign-account-tax-compliance-act_b_8133274.html
Ooo, I hope the SWAT team will get on that HuffPost article Hazy mentioned. It started off well but ended up being just another “pay up” infomercial for the IRS. I regret that constraints placed on me at home will not allow me to post a comment at huffington myself.
LM, YaYYYYYYY! Your comment on CNBC is a work of genius! Absolutely brilliant! I hope you use it as a template for many more! (Although I hope the outcomes of the court cases will make that unnecessary!)
Moderation? LM, it appears your eloquence is buried in a massive collection of spam and expat-bashing. If there is any moderation going on on that site it isn’t in evidence.
I think the Huffpo article was great. The author even said that she hopes we win. Maybe many people think the same? They just feel like they are facing the 900million pound gorilla and have no choice. But should a judge be able to ignore the gorilla and make a judgement that is in line with the Charter of Rights in Canada- he will actually have been doing his JOB according to his profession. The author even acknowledges the unconstitutionality in this article. I think he/she deserves a thumbs up.
The Huffpo articles author thinks there will be reciprocity….just like the other fools that signed onto this atrocity. Then she goes onto say resistance is futile. That does NOT get my thumbs up for certain. (Maybe just a half thumb for supporting our plaintiffs).
@MuzzledNoMore –
Can’t claim to genius but the CNBC comment was written out of deep energy stemming from pissed-off exhaustion at the continual drips of ignorant but published commentary from know-nothing reporters in regard to US Expat’s experience. I’m glad there was so vast number and range of comments there; could it be that the reading public IS beginning to hear about this? On my recent holiday I met a number of people who were full “US Persons” who had some understanding of FATCA; I doubt this would have been the case a year ago. But why oh why do the ignorant compliance-chummy/never-left-the-US folks continue to get published yet there is little to no attempt to publish in the main-stream press/websites real articles/interviews from the FATCA-plagued. I’m sure it is a vast conspiracy, worse than the Roswell cover-up!
Another one of those “Congress has spoken” comments…this one in St. Kitts and Nevis.
http://www.thestkittsnevisobserver.com/2015/09/11/facta-bill.html
September 15, 2015: The Tax Analysts Blog: “Litigating FATCA: Rand Paul and Financial Privacy” by Robert Goulder
WSJ: “Is the IRS Undercounting Americans Renouncing U.S. Citizenship?”
http://blogs.wsj.com/expat/2015/09/16/is-the-irs-undercounting-americans-renouncing-u-s-citizenship/tab/comments/#comment-9990
Comments are open!
Important: This article is about Judge Martineau’s decision: only 1 comment so far
http://business.financialpost.com/legal-post/canadian-judge-denies-quick-end-to-transfer-of-financial-information-to-u-s-under-fatca
And, Globe and Mail article: http://www.theglobeandmail.com/report-on-business/industry-news/the-law-page/court-challenge-of-us-tax-dragnet-fails/article26387390/.
British Expats Face FATCA Account Closures
September 17, 2015 By Jim Atkins
http://www.iexpats.com/british-expats-face-fatca-account-closures/
If you put a comment in with links it will be held for moderation.
Litigating FATCA: Rand Paul And Financial Privacy
Robert Goulder,Contributor, Sep 16, 2015 @ 10:36 AM
http://www.forbes.com/sites/taxanalysts/2015/09/16/litigating-fatca-rand-paul-and-financial-privacy/
@Tricia Something is messed up at the FP, my comment would not post.
National Post (FP) started this week to accept comments only via Facebook.
Good article today in Forbes on the plight of immigrants to the US who retained accounts back in the ‘old country’:
Welcome to America, Now Give Us Your Money!
http://www.forbes.com/sites/janetnovack/2014/05/02/welcome-to-america-now-give-us-your-money/
Predictably, the very first comment features the never-tiresome “don’t let the door hit you” meme.
…oh, never mind. Turns out this article is 18months old, but for some reason Google flagged it as recent. Still, a good reminder that a) someone in the homeland noticed, and b) nobody in a position to alter things took a blind bit of notice or appeared to give a damn.
@JC My comment went into moderation on that Forbes article and didn’t make it out yet. First time that has happened on Forbes! I seem to be in commenting Hell….FP hated me also. Maybe the universe is telling me to shut up!
Anybody need a nudge?
http://www.dailycaller.com/2015/09/15/president-obama-orders-behavioral-experiments-on-american-public/