Liberty and justice for all United States persons abroad

The Isaac Brock Society

Media and Blog Articles Open for Comments – Part 3 of 11 (Year 2016)

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-3-of-3  )

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” of FATCA/CBT articles.  [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 aren’t on this list yet.

2016.12.29
Switzerland moves further to end bank secrecy, Financial Times, UK.
2016.12.23
How FATCA Infringes and Trammels our Statehood, Stephen Kangal, Trinidad and Tobago News, Trinidad and Tobago.
Barclay’s chief preparing to take a stand against US regulators over unduly high fines to European banks, James Quinn, The Telegraph, UK.
2016.12.22
Canada refuses to name bank that broke money laundering rules 1225 timtes, Mike De Souze, Robert Cribb & Marco Oved, National Observer.
Financial Intelligence agency gave bankers head up about money laundering disclosure, Mike De Souza, Robert  Cribb & Marco Oved, National Observer.
2016.12.21
US citizens may pay double tax on Kahlon’s child savings program, Michael Zeff, Jerusalem Post, Israel.
Applying to be Swiss in the Trump Era, Steve Krump,  SwissInfo, Switzerland.
2016.12.20
File That Tax, Boom Chicago, YouTube, Netherlands.
Tijuana City Councilman Faces US Money Laundering Charges, Sandra Dibble and Dana Littlefield, San Diego Union, US.
2016.12.19
Senate Report Finds IRS Agents Living Large on Public’s Dime, Guillermo Jiminez, Tax Revolution Institute, US.
AG to UNC: Come to Parliament first – a Joint Select Committee to deal with FATCA . . ., Ria Taitt, Daily Express, Trinidad.
Rand Paul criticizes framework of tax reform plan, Naomi Jagoda, The Hill, US.

Articles from earlier 2016 are at this link

Articles from 2015 are at this link

Articles from 2014 are at this link

Media and Blog Articles  thread, Part 1 of 3, is at this link.

Media and Blog Articles thread, Part 2 of 3 is at this link.

 

2,818 thoughts on “Media and Blog Articles Open for Comments – Part 3 of 11 (Year 2016)”

  2. UK FATCA? I thought it was a misprint …. but no! Or was this article a spoof? If it was satire it was certainly well disguised.

  3. As most know, the UK was the first to sign a FATCA IGA with the US. At the time, the UK was also on a big track down the tax evaders drive (and still is). Shortly after signing with the US, it instituted a programme of its own similar to FATCA, which became known as “the Son of FATCA”, over 3 of its Crown Dependencies and 7 of its Overseas Territories. More can be found here:
    http://clientlink.allenovery.com/lncreative_preview/UK_son_of_FATCA_and_recent_information_%20exchange_proposals.pdf

  4. @MuzzlednoMore
    It’s real, but RBT not CBT. I see it as being like a small child telling of the dog after getting told of by his mother. The U.S. pulled rank on the U.K., so the U.K. pulled rank on its crown dependencies and overseas territories, many of which are on tax haven lists. In the late 1990s, there were big posters in bank windows and in business magazines in the U.K. advertising offshoring services.

  5. @Publius
    As I understand it, most of the Dependencies and O.T.s which signed on to Son of FATCA have since also signed onto the OECD CRS programme. General consensus is that Son of FATCA is basically dead now. I may be wrong. Again, it always was, and still is, all RBT as you say.

  7. @OAP
    A bit of googling suggests that U.K. FATCA (otherwise called more sensibly CDOT regulations for Crown Dependendencies and Overseas Territories) came into effect earlier, while CRS starts in 2016, with transitional reporting in 2017 and full implementation in 2018.

  8. @OAP
    A bit of googling suggests that U.K. FATCA (otherwise called more sensibly CDOT regulations for Crown Dependendencies and Overseas Territories) came into effect earlier, while CRS starts in 2016, with transitional reporting in 2017 and full implementation in 2018.
    @EmBee
    That is great news. I am sure that she will be a brilliant student.

  14. http://www.cbc.ca/player/AudioMobile/All%2Bin%2Ba%2BDay/ID/2682331846/
    Follow up to yesterday’s interview with John http://www.cbc.ca/player/play/2682218188/

    Open for comments:

    FATCA update’ on CBC
    All in a Day
    January 19, 2016
    Season 2016, Episode 300236391
    ‘Dual citizens opposed to a controversial U.S. tax law targetting Americans abroad are hoping for action from the new Liberal government. Alan spoke with lawyer John Richardson.’

    AND, now, listen to today’s followup;
    Wednesday January 20, 2016
    ‘How FATCA lead to one woman spending thousands, to prove she owes nothing’

    “….The group we heard from yesterday wants the new federal government to re-visit those rules.
    Today, we were joined by a dual citizen who’s affected. Veronique Shinder told us her predicament. …”…

    CBC still asking for effected listeners to contact them to discuss this further. Also mentioned that they have contacted the Canadian federal government for comment – and are hoping to speak with them later this week.

    Comments open;
    http://www.cbc.ca/allinaday/2016/01/20/how-fatca-lead-to-one-woman-spending-thousands-to-prove-she-owes-nothing/

  18. @Barbara

    Have u also seen that they don’t say US passort on some sites… they just say passport to make it seem they will cancel anyone’s passport… no matter what country the passport is from…. I hate these vultures…. make money off the mis-fortunes of others… using whatever scare tactics to make that cash roll in for them…

  20. @USFP: I have a different interpretation as to why some articles say only “you’ll lose your passport”. It’s simply more American exceptionalism. Just like “the only reason Americans go abroad is to avoid taxes.” Only US taxes exist, right? What, the UK charges taxes? F— ’em, but better pay yer fair share to Uncle Sam.

    Same with “Pay up or you’ll lose your passport.” There is only one passport on this planet that matters, after all. What, you mean Canada issues passports too? Whaddaya supposed to do with ’em? Swat polar bears’ noses? Pay yer fair share, buddy!

  21. Has anyone thought of contacting Michael Moore the documentary film maker? I am sure it would be the kind of thing that would interest him.

Comments are closed.

%d bloggers like this: