http://business.financialpost.com/2011/09/24/u-s-campaign-to-catch-tax-cheats-snaring-canadians/
Yearly Archives: 2012
Weasel Words
With regard to the double standards and weasel words all too characteristic of United States “authorities” —
[and a deep bow to the Mentality of Mordor thread, where comments are about to surge past the 100 level!]
Jack and Jill Make A Movie: War of 2012
The now famous Jack and Jill want to help others facing tyranny of IRS. Using their wealth, Jack and Jill fund and produce the movie: War of 2012. Because Canadian cast and crew vow to never return to United States, War of 2012 films entirely in Canada, pumping money into Canadian economy.
Jack and Jill donate all proceeds to Isaac Brock Society.
The IRS is bluffing–Bad faith in the OVDI
The IRS uses the threat of severe FBAR penalties to frighten taxpayers into the Offshore Voluntary Disclosure initiatives (OVDI). Thanks to a document uncovered by Showdown, we now know that the IRS is bluffing. This is an example of bad faith.
Ron Paul's letter to Timothy Geithner regarding FATCA
Ron Paul and three other members of Congress write to tax-cheat Secretary of the Treasury, the Honorable Timothy F. Geithner, to warn him of how foreign investors will pull their money out of the United States if FATCA is implemented.
Coalition for Tax Competition Letter Seeks Withdrawal of Destructive IRS Interest-Reporting Regulation
( Washington , D.C. , Tuesday, February 21, 2012) The Center for Freedom and Prosperity Foundation, joined by 23 of the country’s most influential free market and taxpayer rights organizations, sent a letter to Treasury Secretary Timothy Geithner urging withdrawal of an Internal Revenue Service (IRS) regulation that would discourage capital from the U.S. economy and weaken the American financial system.
OPT OUT OF YEAR 2012: Jack and Jill opt out and relinquish their US citizenship
Petros has learned that Steven J. Mopsick made one mistake about Jack and Jill: before paying their OVDI fines, they decide to opt out.
Tax Analysts reports that IRS Commissioner Doug Shulman will simply ignore his statutory duty to respond to TAD
Cross posted from RenounceUScitizenship
If this is true, it is will go down as one of the best examples of the worst judgment in the history of the IRS. You will find the complete write up on this story here:
EU Parliament and FATCA
I wanted to post a link to a recent article showing some favorible remarks from some members of European Parliament related to FATCA. It appears MEP Catherine Trautmann is of France is quite fond of FATCA and recently called for the EU and US to join together to make FATCA a new global standard. Trautmann appears to have no regard for the issues raised here.