Liberty and justice for all United States persons abroad

The Isaac Brock Society

Media and Blog Articles – Part 1 of 11 (to 26 May 2015)

You can access all years at this link:

http://isaacbrocksociety.ca/media-and-blog-articles-links-for-all-years/

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.

26 May 2015:  This thread is now closed.  It continues at Media and Blog Articles Open for Comment, Part 2 of 2.

2015.05.26

New Survey finds US expat voting could impact 2016 Presidential Election, Greenback Expat Tax Services, NASDAQ GlobeNewswire.

This congressional committee wants to hear all your FOIA gripes, Colby Itkowitz, Washington Post, US.

The black money recovery skills of IT department are nothing to write home about, Vivek Kaul, The Daily Reckoning.

2015.05.25

The Intersection of US Federal Tax Law with Collection of International Information- – Including Other  Federal Agencies, Patrick W. Martin, TaxExpatriaation, US.

2015.05.23

America the not so brave:  America has led the global assault on tax dodgers and their enablers.  But the reality still lags behind the rhetoric, The Economist, UK.

Cash Banned from Chase Safe Deposit Boxes, Matt Chilliak, Live and Invest News.

2015.05.22

US Steuergesetz hat unerwartete globale Konsequenzen, Colleen Graffy, Geopolitical Information Service.  Also at Consequences of US widening net to catch tax dodgers, Colleen Graffy, World Review.

The horse may have bolted … but, Angelo Venardos, Asia Asset Management.

Important Correction:  Passports Required to Enter and Leave US — but SSNs May be Optional, Patrick W. Martin, Tax Expatriation, US.

2015.05.21

Americans working abroad face unexpected financial issues, Sarah O’Brien, NBC, US.

Senate tax reform groups get more time, Bernie Becker, The Hill, US.

2015.05.20

Malaysia will defer FATCA reporting, FSI Tax Posts.

America’s Self-Inflicted Wound, Moises Naim, The Atlantic, US.

Janice Mays:  The Tax Guru Who Guides House Democrats, Alex Brown, National Journal, US.

Sen. Rand Paul Launches Filibuster in Protest of Patriot Act Renewal, C-SPAN, US.

Articles from earlier in 2015 are at this link

Articles from 2014 are at this link

Media and Blog Articles Open for Comment, Part 2, is at this link

Media and Blog Articles Open for Comment, Part 3, is at this link

3,971 thoughts on “Media and Blog Articles – Part 1 of 11 (to 26 May 2015)”

  1. @ badger
    Commenting is closed on the CBC article — missed my chance by 1 hour. I would have said something like …
    Oh happy day if one day in the hopefully near future the Supreme Court of Canada would strike down the Harper government’s attempt to implement the US FATCA law in Canada. Hidden in the recent omnibus bill (C-31) FATCA is poised to degrade Canada’s sovereignty and strip privacy rights away from Canadian citizens and residents. The wheels are already in motion to challenge this stealth legislation by virtue of the protections afforded by the Canadian Charter of Rights and Freedoms.
    I really have to back away from this computer. I’m being a manic opinionator today.

  2. Here is a new version of the typical homelander response to my comment at WaPo….”Either shut up or squeal like you like it slave!”! Sweet huh. Only makes us look better I reckon. Boy, they wonder why people renounce (wish I could afford it), who would want to be part of that bunch anyway. I do believe they are collectively losing their minds.

    I must say, there is a silver lining for me in all of this. I now truly understand what it is to suffer discrimination. Some of the comments on the US sites are unbelievable. Yes, I have felt it in a minimal way being a female of a certain age but certainly not to the extent many of the typically targeted groups have suffered.

  3. @Charl

    WBSmith:
    Better to Remain Silent and Be Thought a Fool than to Speak and Remove All Doubt – Mark Twain

  8. That’s an interesting blog out of Hong Kong, LM. They admit to not being all that proficient in English – I wonder if they meant FATCA-Sham, not Shame?

  9. @bubblebustin
    Oh how I wish it were SHAM rather than SHAME. If it were SHAM then maybe we could all relax and know that it would eventually go away (SIGH……)

    Does anyone out there have what they think is a complete list of useful-to-connect-with blog sites that we could post on when the Charter Challenge gets fully up and running? We should start to build an immediate-draw-upon/avoid-duplication list of where else we might publicize this (which journalists, bloggers, web-news-sites, TV&radio reporters, other ideas??????) Best to be prepared and coordinated and not have this info scattered between +++ individuals who don’t know what others know (if you get my drift)…… 🙂

  12. I am so appreciative of this site and the dedicated people who make it work. I am a daily visitor to the site and find much support in it. I am one of the seemingly rare Permanent Residents who for various reasons never took out Canadian citizenship but have made this country home (36 years). I am a deer caught in the headlights! I will support the Charter Challenge with a cheque when it gets rolling. Thanks to so many brilliant contributors to this site! I might have entered the OVDP without you and if I’m screwed anyway at least I’ll be in good company!

  13. @Lake Superior Guy – it’s good to know that you are out there rooting for, and supporting, the cause!

  18. Interesting article about how FATCA raises concerns about American’s safety in the Middle East:

    “More pressing in the immediate term is the issue of privacy and the safety of American citizens. “One thing the Treasury has not thought about is how do you protect US citizens? In a country like Lebanon, with Hezbollah and other US designated terrorist organizations, banks will identify US citizens, which could put them at risk,” said the BDL source.”

    Also quotes Jim Jatras.

    http://www.executive-magazine.com/business-finance/finance/fatca-answering-to-uncle-sam

  21. To add to Eric’s comment, the WSJ published an article today called “Deutsche Bank Asks U.S. Clients in Belgium to Close Accounts”. It’s reasoning sounds like an excuse to toss out USPs. See last two paragraphs of this excerpt:

    “In a letter seen by The Wall Street Journal, Germany’s largest bank asked its U.S. customers to provide an alternative bank account where Deutsche Bank could transfer their assets by June 10.

    The bank said it regrets having to terminate client relationships in what it called a consequence of the U.S. Foreign Account Tax Compliance Act. The act requires businesses to report all assets held by Americans. It is aimed at tracking down tax cheats that have cost the country billions of dollars.

    In principle, Deutsche Bank would be able to continue to serve U.S. clients in its branches. However, the bank said in its letter that because “it is no longer allowed to use Internet, email, phone or fax to serve retail clients” who are U.S. taxpayers with accounts in European branches, a business relationship is untenable in countries where it has only a limited number of branches.

    Deutsche Bank is organized in Belgium in a way that compels clients to use online banking and call centers for their daily banking needs since it has only 34 branches in the country, bank spokesman Hans Marien said.”

    The ethnic cleansing of Americans from European banks continues.

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