Media and Blog Articles Open for Comments – Part 6 of 11 (Year 2019)
You can access all years at this link: Media and Blog Articles – Links for All Years
If clicking on a link brings you to the wrong page in the comment stream, click here to get to the most recent comments.
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.
2019.12.15
Canadians travelling to or through the US should pay attention to their withering rights, H.M. Jocelyn, CBC News, Canada.
2019.12.12
EU revives issue of FATCA information exchange as year-end deadline for banks approaches, Helen Burggraf, AmericanExpatFinance.
2019.12.10
13 Reasons Why I Committed Citizide, John Richardson, TaxConnections.
US tax filing requirements that Americans living in Canada should know, David Altro and Avi Guttman, Globe and Mail, Canada.
2019.12.07
Confirmed – Rep. Holding to leave Congress at end of 2020, after reintroducing Tax Fairness for Americans Abroad Act, Helen Burggraf, AmericanExpatFinance.
2019.12.06
Trump is trying to make it took expensive for poor immigrants to stay, Annalisa Merrelli, Quartz, US.
2019.12.05
Revenue Neutrality And A Move To Residence-based Taxation: Open Letter To Democrats Abroad, John Richardson, Karen Alpert, Laura Snyder, TaxConnections.
What It’s Like to Retire Abroad, Glenn Ruffenach, Wall Street Journal, US.
2020.01.01: This thread is now closed. Please comment at Media and Blog Articles Part 7 of 7
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@ BB
I see the number of views have increased nicely overnight. That’s good. Now, nearly 8 years post-OMG, the degree to which all this affects me (practically speaking) is only a small fraction of how it affects you and your family and yet I totally understand how hard it must be for you at times to keep your optimism up and to keep pushing forward. Most of the time I slide along fairly easily but there are those moments when the worry seeps back in … what will they do next? It was a good, honest conversation and I appreciate that.
ACA’s first podcast features Marylouise Serrato. The Topic is “Tax Fairness for Americans Abroad”.
https://www.americansabroad.org/aca-podcast/
This was interesting but the next podcast looks like it will be pushing the ACA’s directory which steers expats towards the tax compliance complex.
ACA et. al. are useless. Until they are willing to speak frankly about non-compliance, they are more problem than solution.
ACA can not talk about non compliance since that would be totally un-american and most certainly not revenue neutral.
Actually, non-compliance is about as American as you can get because that’s exactly what the original immigrants to North America decided to do after they left the land of their birth and established a new life for themselves in a foreign place. In fact, they felt so strongly about the concept that they were willing to go to war to over it. I very much doubt they were worried about revenue neutrality.
CBT is what is really un-American but now, 250 years later, they have totally forgotten their history.
@Maz57: Not completely accurate. 48 of the 56 signers of the Declaration of Independence were not immigrants, but were born in the North American colonies–accidental Brits, if you were–making extraterritorial taxation from thousands of miles away that much more immoral and intolerable. Non-compliance toward unjust taxation is the founding principle of what it means to be American.
Man, I feel so patriotic writing the above words. Live free of CBT or die!
” Non-compliance toward unjust taxation is the founding principle of what it means to be American.”
That may be, but if you visit the homeland today ,I doubt that is the current mindset . Quite the opposite . Vis-a-vis cbt,fatca, of course.
To be clear, the ACA is really for americans abroad as its name suggests, and not for those who are accidentals or those who have given up their american identity. Therefore , for suggestions of involving oneself in political pursuits ,calling on congresspersons ,etc, is just meaningless for such people, even insulting .
https://www.wsj.com/articles/what-its-like-to-retire-abroad-11573834089
I was just sent this sugar coated report of Americans retiring abroad. Not a mention of FATCA , citizen based taxation or bank account refusals . I think the article needs some Brock input!
More media exposure and more, much appreciated advocacy for our cause from John Richardson.
https://omny.fm/shows/danielle-smith/canadian-bank-records-being-sent-to-the-irs
Here’s American Expat Financial Journal’s article regarding Danielle Smith’s interview with John Richardson.
https://www.americanexpatfinance.com/tax/item/308-richardson-to-canadian-radio-talk-show-hostess-smith
Sent to me from Brock commenter, Anne Boleyn, and also appeared today in Google FATCA Alerts…
Bloomberg Tax, November 25, 2019 “U.S. Tax-Dodging Crackdown Overseas Brings Foreign-Adviser Surge”
The US Tax Compliance Industry in good health in countries around the world.
Bitter chuckle. There’s opportunity abroad, certainly, but not much actual need.
Otherwise the usual nonsense suggestion that the IRS is somehow ramping up “enforcement” abroad. It’s not.
50% more enrolled agents since 2016? The IRS probably pays them a kickback for each sheep they herd into the pen……
Stop Treating American Expats Like Tax Cheats
By Andreas Kluth
November 26, 2019, 6:00 PM GMT+11
https://www.bloomberg.com/opinion/articles/2019-11-26/-1984-by-george-orwell-in-russian-a-translator-s-story
New blog post at Fix the Tax Treaty on the increase in foreign Enrolled Agents:
http://fixthetaxtreaty.org/2019/11/27/foreign-enrolled-agents-on-the-rise/
@JC
Was the Bloomberg link a Freudian typo?
“Stop Treating American Expats Like Tax Cheats”
https://www.washingtonpost.com/business/stop-treating-american-expats-like-tax-cheats/2019/11/26/8dcf9502-1023-11ea-924c-b34d09bbc948_story.html
The Washington Post link is behind a paywall, but if you google the title you can read the same article elsewhere.
The comments are mostly the usual: “If you wanna be an American, then quit complaining and pay your fair share”. Or “You rich tax cheats are nothing but a bunch of whiners”. Or: “If you don’t like it, then you can renounce your citizenship.” Those idiots apparently think that no other country taxes the people who live in it. The few who try to point out real problems caused by FATCA and CBT are immediately jumped on by the moron brigade. Its unrelentingly tiresome and my patience is long since exhausted.
When you have a country filled with ignorant people, its not surprising you get stupid laws. I really don’t have any hope anymore. The choice is to either ignore it and be non-compliant or renounce. The system will never change (except to get worse).
Polite, informative e-mail messages duly sent to the authors of both Bloomberg pieces. The usual…
@ maz57
Somehow my computer is bypassing that paywall. Only one comment there (mike1300gt) and it’s a good one.
@Embee
That’s probably because the Washington Post allows several free articles a month. More than that and you hit the paywall. I’ve most likely already used up my monthly allotment.
The comments I was referring to were from a “reprint” of the same article on yahoo. It sounds like mike1300gt pretty well nailed it but the trouble is, he’s a lone voice in the wilderness and homelanders couldn’t care less. They believe what they want to believe; actual facts and the truth simply don’t matter anymore. That moron Kelly Ann Conway even came up with a term for it, so-called “alternative facts”. That’s why they wound up with Trump as their President. I am so glad I escaped from that madhouse.
Three “heavy hitters” speak against CBT and all the madness that surrounds it. Thank you John, Karen and Laura.
Six European countries join barter system for Iran trade
https://news.yahoo.com/six-european-countries-join-barter-system-iran-trade-022501492.html
BTW when you hit a monthly limit paywall, clear your browser history and you may be able to access the article. It logs you out of other websites but it also enhances your privacy. I set my browser to clear history and cookies whenever I close it, but you can do it at any time.
Hope fading for Holding’s ‘Tax Fairness for Americans Abroad Act’
December 5, 2019
By Helen Burggraf
https://www.americanexpatfinance.com/news/item/325-hope-fading-for-holding-s-tffa-act