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The Isaac Brock Society

Media and Blog Articles Open for Comments – Part 4 of 11 (Year 2017)

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-4-of-4)

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.   I’ll make a permanent list of links posted here and keep adding to it,  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.

Notes:

From JC:   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.

From Badger:   On an important archival note, please use the Internet Archive Wayback machine https://archive.org/web/ (see bottom right ‘Save Page Now’ box to enter URLs of webpages you want saved for posterity, and try to save backup copies of articles and other items of interest in some other form – such as a datastick or external drive. Some important and very significant webpages and the fulltexts of articles are no longer available (although some can be retrieved if someone using the Wayback machine saved 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.

2017.12.28
It’s time to address the double standard about tax havens, Angela Wrights, Macleans, Canada.
The US Is Becoming the World’s New Tax Haven, The Editors, Bloomberg View, US.
2017.12.21
Rep. Dina Titus Supports Americans Abroad Tax Reform, Democrats Abroad, US. 
Now That The GOP Tax Bill Is Approved, The IRS Gets Busy, Brian Naylor, NPR, US.
2017.12.20
Taxpayers will have to wait to find out how they fare under new legislation , Renae Merle and Aaron Gregg, Denver Post (reprint from Washington Post), US.
U.S. Shareholders –Take Action by December 31, KPMG.
2017.12.18
Have You Ever Felt Sorry for the I.R.S? Now Might Be the Time, Patricia Cohen, New York Times, US.
2017.12.12
EU finance ministers issue warning to Trump over tax reforms, RTÉ, Ireland.
2017.12.11
Banque: les consequences étonnantes de l’accord FATCA, Edouard Lederer, Les Echos, France.
2017.12.10
As Australia ousts MPs with dual citizenship, Canada’s Parliament embraces many in its ranks, Kathleen Harris, Canada. (mentions MP who “assumed his U.S. citizenship was automatically rescinded because he did not meet several requirements for continued citizenship. [But when travelling to Washington] was told he was ineligible to enter the U.S. on a Canadian passport because he was a U.S. citizen. He was . . . allowed in on a one-time basis . . . it cost him $3,000 to later sort out the administrative requirements.”)
2017.12.09
The American Diaspora: Outreach and Organization, Victoria Ferauge, The Franco-American Flophouse, Japan.
2017.12.08
Foreign-owned banks to be hit by US tax rules, Financial Times, UK.
Trump Tax Plan Worries Europe, Christian Reiermann, Der Spiegel, Germany.

For articles earlier in 2017, click here.

1,720 thoughts on “Media and Blog Articles Open for Comments – Part 4 of 11 (Year 2017)”

  2. Well Mnuchin said bugger all about FATCA this morning. In fact he said bugger all on tax reform as well to this untrained ear.

  3. @Neill

    Sorry, I couldn’t see that. Can’t figure out how to turn my AdBlocker off.

    Mnuchin probably has no clue whatever as to what is going on…….he got the job bc he was the $$ guy during the campaign. Probably more interested in his fiance and her film company……..

  5. The FATCAt eats the mouse.

    It’s suiting that T & T’s banking association would makes its final appeal against FATCA resistance at the Scotiabank Centre yesterday:

    In a barefaced omission of truth, the BATT president states: “Let me be very clear here. The only information that will be reported to the BIR (Board of Inland Revenue) is the account information of US persons only.” She added: “To suggest otherwise is simply ‘fake news’.” Asked about Opposition Leader Kamla Persad- Bissessar writing Trump about the possible repeal of FATCA, Schnoor pointed out that it was passed in 2010 by the US Congress as a part of wide ranging legislation.”

    http://www.newsday.co.tt/news/0,240173.html

  6. @ Bubblebustin
    Indeed! The FATCAt ate the mouse that dared to squeak out. The BATT president is a conniving, deceiving blankety-blank who wouldn’t recognize or acknowlege the truth about FATCA even if it was in capital letters, bold print, and right in front of his mealymouthed face.

  7. ATTENTION AMERICANS
    Do you know where your SSN is today?
    https://www.treasury.gov/tigta/auditreports/2016reports/201640065fr.pdf

    On page 3 …
    During the period February 2011 to December 2015, the IRS identified almost 1.1 million taxpayers who were victims of employment-related identity theft.

    Wonder how many SSNs have been snatched, for nefarious purposes, from the FATCA data transfers? It’s a lot of data and it passes by many eyes on its way to the IRS. Not all those eyes are benevolent. Should you ever become the victim of identity theft then good luck straightening that mess out from “overseas”.

  9. @Embee
    I know of a guy who wasn’t taken into a firm as a one fourth partner because he had an american passport! So I dont get the 50/50 “controlling” thing.

  10. @ Polly
    Anthony double checked the “controlling” thing so I think he’s probably right. I would think that no matter how much the percentage is, a potential American partner is perceived as a risk due to some IRS form or another. Perhaps when Keith Redmond testifies to the Ways and Means Committee (he guesses late March or early April) he’ll have a chance to bring this aspect up as well. There’s so much harm and he’ll have so little time to explain everything to the committee members. However they are new members and I think they just might be more receptive than previous members. Fingers crossed anyway.

  12. EmBee: Thank you so much for posting the latest IRS Medic interview. It was great to hear that the testimony of Keith et al. before Congress is still on and planned for the end of April or beginning of May. Can’t wait!

  13. @MuzzledNoMore
    Oh oh, my brain must have short-circuited and shortened the wait period after listening to Anthony, Claudine, Keith and “Mike”. So it’s April or thereabouts we’ll have another interesting event in the sorry life of FATCA. I hope the Ways & Means members have keener ears than me.

  17. Karen: Thank you so much for posting the article about the Repeal FATCA campaign going into high gear. It’s great to hear such positive news! It has begun!

  23. @Neill

    I am pretty sure these people filled out the w-8 forms at the bank… not being hunted through the banks… so all that info was at hand… If they used a US addy…. they flew under…. Notice they made no mention on the amounts in the banks…. could be a nominal amount the US reported… making the number reported look larger then it really is…

  25. From the Hill Notes update that Charl just found …
    “However, the court said that the plaintiffs could pursue a constitutional challenge in relation to the intergovernmental agreement; so far, they have not done so.”
    I hope someone from the ADCS team will post a comment to reassure the Hill Notes folks that a constitutional challenge is “in progress” and it would have progressed much further towards a court date if the government team weren’t using stall tactics.

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