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.
@Watcher,
It’s the unlimited marital deduction. That’s only available to citizens and not green card holders.
You ‘married filling separate’ types can chime in here to say it’s unfair to foreign living peeps:
http://www.wsj.com/articles/a-tax-boon-for-working-women-1444087005?mod=rss_opinion_main
@ Watcher
Phil Hodgen has much to say about Americans married to alien spouses. That’s how many alien spouses were ‘coerced’ into becoming Americans.
See…
http://blogs.wsj.com/expat/2014/11/16/ask-an-expert-tax-tips-for-expats-with-alien-spouses/
@Neill, thanks. I really should have remembered that, since I bumped up against it in its ‘gift tax’ guise a few years ago while balancing out some assets between my wife and myself as part of ‘expatriating’. The latter was an experience that I can honestly say has scarred me for life.
Rahan gets it.
http://www.washingtontimes.com/news/2015/oct/5/richard-rahn-the-real-victims-of-endless-financial/
Comments open
The compliance industrial complex grows:
http://www.telegraph.co.uk/finance/personalfinance/tax/11914357/New-services-to-help-Britons-hounded-by-US-tax-authorities.html
Comments open
My my there is a lot going on today.
http://www.forbes.com/sites/robertwood/2015/10/06/as-irs-and-doj-hunt-offshore-accounts-banks-pony-up/?utm_source=followingimmediate&utm_medium=email&utm_campaign=20151006
Comments open
BBC has a little more info
http://www.bbc.co.uk/news/technology-34442618
What could possibly go wrong with FATCA?
http://www.mondaq.com/article.asp?articleid=430938&email_access=on
New services to help Britons hounded by US tax authorities
In the wake of the hated ‘Fatca’ tax laws introduced in 2014, Britons with US connections are being offered new investment and tax help
http://www.telegraph.co.uk/finance/personalfinance/tax/11914357/New-services-to-help-Britons-hounded-by-US-tax-authorities.html
Potential to work FATCA comments in here;
http://uk.businessinsider.com/european-court-of-justice-safe-harbor-ruling-2015-10#comments
(article noted by Stephen as passed on by Austrian supporter).
I couldn’t find this posted elsewhere (sorry if a double post)
The National Taxpayer Advocate of the U.S. Internal Revenue Service is convening the Inaugural
International Conference on Taxpayer Rights in Washington, D.C.
This ground breaking conference will bring together government officials, scholars, and practitioners from many countries to explore how taxpayer rights globally serve as the foundation for effective tax administration.
http://www.taxpayerrightsconference.com/
Allison Christians is on the panel. Questions can be submitted. I say we compile a missive for Nina Olson.
@Charl, thanks for finding that. This is the very interesting abstract for Allison Christian’s talk.
http://www.taxpayerrightsconference.com/abstracts-papers/know-thyself-self-certification-and-the-taxpayers-right-to-be-informed-allison-christians/
Excerpt;
“…because of the extraordinary demands that the United States attaches to citizenship, indicia-searching and self-verification of nonresidents violate principles of both international law and human rights. Both should be universally rejected as an invalid exercise of state power..”
@Charl @badger
That International Confernce on Taxpayer Rights in Washington is front-page news! This is in addition to Professor Christians involvement in:
https://www.mcgill.ca/tax-law/events/call-papers-citizenship-taxation-symposium
being held at the University of Michigan Law School this Friday.
Professor Christions is a powerful voice of reason in this debate and a true ally of Americans abroad. Go Allison!
CNN open for Democratic debate questions: https://www.facebook.com/cnn/photos/a.369810096508.159795.5550296508/10154106216186509/?type=3
I have a sense that we (certainly true for me) are in need of a mojo boost after the recent losses suffered. The journey is long and extremely frustrating. We need to keep screaming loudly from every mountain top we can find even though they may have not yielded results in the past. We are not without resource, what are some other avenues we haven’t thought of? We also need to keep funding ADSC with the gusto we previously had.
Some thoughts:
Protest march when US ambassador visits Waterloo
Renewed MP writing, calling, badgering before/after election
Submissions to National Taxpayer Advocate Conference
Submissions to other human rights organizations
Writing to journalists, Sunday morning round-table shows (Zacharia, Kornacki etc), Maher, Oliver
Is the WTO a plausible avenue?
The AmCham (Read the last two paragraphs in this article: http://thehill.com/business-a-lobbying/business-a-lobbying/241150-overseas-americans-ramp-up-bid-for-tax-relief#disqus_thread)
Do we need to organize into committees willing to take on projects?
What else? We have no choice but to dust ourselves off and keep on keeping on. How do we escalate the ante?
Yes, Charl, a mojo boost is exactly what we need. One thing is for sure – the more people learn about FATCA and CBT, the great the opposition to them will grow. In that certainty, know that our base is growing by the second. We will also know it’s reached critical mass when the strength that we possess outweighs that of our opposition’s. That’s called the tipping point. Every struggle has one – it’s imperative that we don’t give up before its reached!
This struggle is going in only one direction only – VICTORY! How we get there and how long it takes are both within and outside of our control – but we will get there!
@ Charl
I mentioned this in another thread, but in regards to John Oliver there are a decent amount of people working against fatca/cbt. Surely there has to be someone who is influential or well connected enough to help make it happen? Anyone know who we can ask, I dunno Solomon Yue or something? I think if we can get at least one influential person to cover this topic, it would really help us gain some momentum…
@ Bubblebustin
Re: Citizenship & Taxation Symposium – October 9, 2015
I see that the insufferable Michael Kirsch, CBT apologist extraordinaire, will also be there. I hope Allison takes the gloves off and finally sends this asshole packing with his tail between his legs. I will always regret that we were far too kind to him at the CBT vs RBT symposium in Toronto in May 2014. He does not deserve any more respect, academic or otherwise, than he has already managed to manipulate people into extending to him. He has no business being at that conference and the organizers should have known better. Kirsch is an amoral, willfully ignorant and dangerous hack – period.
Re: another conference in Michigan w. Allison Christians there:
Taxation and Citizenship Workshop at U Michigan
Wednesday, October 7, 2015
http://taxpol.blogspot.com.au/2015/10/taxation-and-citizenship-workshop-at-u.html?utm_source=twitterfeed&utm_medium=twitter
@JC
That’s the same one that Bubblebustin referred to and it’s this Friday, October 9th, not today:
https://www.mcgill.ca/tax-law/events/call-papers-citizenship-taxation-symposium
The headline is “House Will Impeach IRS Head”. No, it’s nothing to do with FATCA and IRS tax tyranny and it’s just one man’s prediction and it will likely never happen but still I’m wishing and hoping that Koskinen experiences some degree of angst — something that we are all too familiar with.
http://investmentwatchblog.com/house-will-impeach-irs-head/
@Deckard, I fully agree with you re Kirsch. He did not admit that his argument about citizenship based taxation being justified by citizens being deemed part of some kind of theoretical US ‘community’ from afar – and so liable to pay for the privilege, was flawed in that those deemed by the US to be too legally incompetent to understand the concept of citizen and citizenship sufficient to be allowed to renounce it are still deemed by the US to be legally competent enough to understand their duty as US citizen-taxpayers – and in this case, to understand that the taxation is based solely on the citizenship they are deemed unable to understand – and yet still be liable for fines and penalties if they don’t comply – as well as liable to file their FBARs online themselves for the education and disability savings accounts created by their parents and legal guardians (note that minor children are specifically directed to file their FBARs themselves – see that absurd and abusive instruction on the BSA FINCEN FBAR online filing webpage).
Kirsch really dodged on that one. And its not on that ACA video because no audience questions or comments were included. Leaving it to the theoreticians only.
@badger
Thanks for your reply – you totally get it. Kirsch, and his ilk, were exactly who I was referring to when I replied to this important Economist article last year: America’s new law on tax compliance is heavy-handed, inequitable and hypocritical. Here’s part of my reply:
That’s Kirsch in a nutshell.
@Deckard,
I read the full reply. Hope we can publish it here somewhere for posterity.
FATCA Making Hong Kong A Costly Route To Mainland China
By Larissa D’sa September 30, 2015
I did not see this posted. : “According to reports, a major Hong Kong bank has revealed that the costs of locating, monitoring, and reporting on a US-held or -controlled account is at least USD 7,000 a month.” According to sources, once the costs and benefits of catering to clients are weighed, only accounts with about USD 3 million as balance are worth a bank’s time.