@VLJeker Can this really be true? Only 5 #FATCA IGAs are actually in operation? These 5, including Canada are the true world FATCA leaders
— U.S. Citizen Abroad (@USCitizenAbroad) September 23, 2014
The above tweet references a post by Virginia La Torre Jeker. The post is a dispassionate look at FATCA compliance and notes that of the 49 IGAs signed only 5 IGAs are actually operational – that is in force.
Think of it: 5 FATCA IGAs in force and Canada, with 10% of its population affected, is one of the 5!
Please tell me that these people did this because they didn’t know what they were doing.
Seems to me that there are now two options:
1. Buy shares in Canada’s banks – they run the country.
2. Support the FATCA Lawsuit launched by Canada’s grass roots “Alliance For The Defence of Canadian Sovereignty“. Someone must defend Canada. It’s clear the Harper Government won’t.
Perhaps, somebody could by way of comment list who the other 4 FATCA collaborators are.