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)”

  1. @ calgary411
    Thanks for spotting that CBC article. I l posted a FATCA Finger of Fate comment.

    We’re happy to have you here in Canada, Mr. Irving. Speaking of writing about the things you fear. What about FATCA and the tyrannical US tax system? What about the FACT that unless you renounce your US citizenship you will be a US tax slave until the day you die, no matter where you live outside the USA. RE: “The World According to Garp” … “We’ll take the house. Honey, the chances of another plane hitting this house are astronomical. It’s been pre-disastered. We’re going to be safe here.” We moved to a small town which we considered to be “pre-disastered” and so far so good.

  2. Hooray for John Irving finally deciding that Canada was his better home. Is there anyone who could contact him further RE FATCA? Since he has just given up his US home, he may not be familiar with this IRS “gift that keeps giving”. Does he have a website where this could be posted?

  3. Appears Treasury plans to address assertion of ‘tax treaty override” represented by FATCA is to insert modifications into any new tax treaties.

    Robert Stack, US Treasury Deputy Assistant Secretary (International Tax Affairs) said during the Senate Foreign Affairs Committee hearing:

    During his testimony to the hearing, Stack confirmed it is “over five years since the full Senate last gave its consent to a tax treaty.” He pointed out that “the proposed [US-Swiss DTA] protocol replaces the existing treaty’s information exchange provisions with updated rules that are consistent with current international standards. It will allow the tax authorities of each country to exchange information that would otherwise be protected by the bank secrecy laws of either country.” – See more at: http://www.tax-news.com/news/US_Administration_Pushes_For_Swiss_DTA_Update_Ratification____69571.html#sthash.gTKZFOF8.dpuf

  5. Calgary,

    Regarding that CRA scam in Calgary you mentioned, when I checked my home voice mail last night a message was waiting for me saying that I am in trouble with the CRA, a warrant had been issued for my arrest, and that I was to call a 1-844- number.

    Do I need the help of a tax compliance lawyer?

  7. @JC,
    Mmm. They have time to try and update tax treaties for information sharing. How about they address some of the problematic accounts and taxation. Then again they just want the money not simplicity for the people paying the money.

  8. @ LM
    HIGH FIVE to you … your comment is at the top of the “newest” and will stay there because comments are now closed. I hope John Irving sees it. (Mine’s second so that’s kind of like tag-teaming against FATCA, right?)

  9. LM andEmbee
    I’m guessing with his success he’s got some high powered accountants and lawyers to worry about taxes for him. On the other hand, he writes about misfits in society all the time. That would be us, right? People wanting to shed a once coveted US identity like a dead snakeskin, but who find we’re dragging it along behind us as we try to make some headway.

  10. @ EmBee – RE “Would love to have him come aboard the Anti-FATCA Bus but I don’t know how politically outspoken he wants to become as a new PR of Canada”
    No reason for him to become politically outspoken. Remember he is a fine novelist so has no trouble devising character names; he can invent a handle for himself here and can donate anonomously to ADCS & no one will “out” him. My concern is that he be made aware of FATCA; having had his prior residence in the US he likely has no clue….. Thanks for the links; I will check out his book-talk dates.

  12. @Lake Superior Guy,
    But the thing is, John Irving has up until now lived INSIDE the US, thus would never have heard of FATCA or FBAR or PFIC. Yes, he may have good accountants to file his forms, but not all accountants working inside the US are totally aware of forms for folks living “abroad”. If he is going to live here, he is not going to long hold his financial accounts at a US bank (with no US address, this will soon become an issue). Once he gets his accounts set up here in “foreign financial institutions”, will he know about FATCA? Unlikely anyone at the bank or investment house will actually tell him that all his data (and anyone he has a joint account with) is going to be swept up and packaged off to the IRS every year like an errant child that needs close monitoring. He’s a thoughtful and sensitive man and is not going to like this but better he be informed!

  13. John Irving is not going to endanger the sales of his books by making himself unpopular with the homelanders. He will not become political.

  14. Polly is correct. The USA has a long tradition of book-burning. The last thing a best-selling author is going to want to do is create an entirely-avoidable backlash of “patriotic” insanity. As a wise man once advised me: “Never kick an angry dog if you can help it.”

    Leave the guy alone.

  15. As others, this author should be informed (if he wasn’t any other way). After that, he can make his own decisions how he will live with his new consequences, living outside the land of his birth. He will likely have read the LM and EmBee comments at the CBC article and, if he doesn’t know, he will be curious enough to find out more.

  17. Right, bubblebustin.

    This new Canadian Minister, though, a government representative, should be engaged by her constituents and others in discussion about her views of Canadians affected by FATCA law in Canada:
    http://isaacbrocksociety.ca/2015/08/27/99929-needed-in-94-more-days-to-make-the-100000-august-4-2015-payment-for-canadian-fatca-iga-lawsuit-il-nous-reste-99929-a-ramasser-pour-notre-poursuite-judiciaire/comment-page-72/#comment-6401776

    AND TPP: http://pm.gc.ca/eng/minister/honourable-chrystia-freeland (as FATCA seems to fit into the TPP concepts). She, too, is an author, Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else (2012). What are Liberal (and her views) of NAFTA, bi-lateral trade agreements within the Americas, the TPP and TPA, CETA and the energy, security and transportation corridors linked to integration with the U.S.?)

  19. @Polly

    Nope… his sales are the bread and butter of his life… Also… he probably had the best accounting and tax info available to him… We never had enough money to worry about it… more worried about keeping food on the table & to pay our bills… When we got comfortable… we still acted like we were piss poor… to this day… I have never paid retail for anything if I can help it… friends call us birds… cheap… cheap… lol

  20. @US
    Same goes for Tina Turner. She sells records and her biggest market will still be in America. And she and Irving will certainly have great financial advisors. Yep.

  22. Submission made by ACA to Congress on Passport Revocation

    ACA has written to Congress (November 2015) to strongly oppose the inclusion of the Passport Revocation Provision in current legislation. ACA urges Congress not to act on this provision until it has held hearings and explored alternative ways to solve any perceived tax collection problems. ACA will continue to monitor this issue and advocate on behalf of Americans overseas on this issue. See our letter to members of Congress
    Last Updated November 7, 2015

    https://americansabroad.org/issues/representation/submission-made-aca-congress-passport-revocation/

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