Hunting U.S. citizens abroad – How the banks help the IRS – FATCA Training Videos

These come from a comment to an earlier post.

If you are a U.S. person concerned about #FATCA retweet this now! isaacbrocksociety.ca/2012/07/26/hun…

— U.S. Citizen Abroad (@USCitizenAbroad) July 26, 2012

Those who are NOT Twitter literate, please send the following link to everybody on your email list and ask them to forward it on:

http://www.isaacbrocksociety.ca/2012/07/26/hunting-u-s-citizens-abroad-how-the-banks-help-the-irs-fatca-training-videos

The comment notes that:

Harks back to the days of the Nazis scouring through records looking for Jewish “indicia.”

Thanks Carl Levin.

Note particularly the first video. Choose your lawyers and other advisers carefully. Any U.S. connection can cause problems.

26 thoughts on “Hunting U.S. citizens abroad – How the banks help the IRS – FATCA Training Videos”

Did anyone notice this article at the WSJ? Maybe I have missed seeing it mentioned as have been away…

Treasury Eyes Funds Hidden Overseas

The Treasury Department released new details Thursday of a plan to ferret out Americans’ global tax dodging, though some lawmakers and banks remain concerned about the initiative’s scope and regulatory costs.

Treasury officials said they hope to finalize the system’s basic rules by the fall and expressed confidence it would be on track for implementation by 2014 as scheduled. Congressional experts said the new system would recover $8.7 billion in tax revenues over 10 years.

The Isaac Brock Society

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