I don’t see anything yet posted here on Lynne and Victoria’s latest published works so I’ll take the opportunity to pass it along so it can be quoted elsewhere, From Tax-News, Global Tax News: Lynne Swanson and Victoria Ferauge and their “FATCA Reality Check”.
Thanks once again, Victoria and Lynne.
I sent this to Contact Tax-News.com ( enquiries@tax-news.com ):
I cannot find any way to add comments, but I can’t let go by my responsibility to thank you for publishing: FATCA Reality Check, contributed by Lynne Swanson and Victoria Ferauge, October 09, 2013.
This is such an important issue. There needs to be a voice for the approximately 7 million US Persons Abroad as they do not have the numbers, the organization or the money behind them that the FATCA compliance industry does, ramped up to help steamroll people who are absolutely not criminals in its quest to find US tax evaders.
None of us (most of whom are regular middle-class residents and citizens of other countries and who pay our full taxes to the countries that give us our benefits – with Residence-Based Taxation) are against the purpose of FATCA. We are appalled that the US hangs onto Citizenship-Based Taxation, their cash cow reaping reward with outrageous penalties, not actual taxes owed to the US. That the US will not change to Residence-Based Taxation as that of the rest of the world (save Eritrea and the US) tells the US immoral story of FATCA. The tax evaders the US is looking for actually reside within the borders of the US and send their untaxed funds offshore. It is not rocket science to understand this.
Thank you for publishing “FATCA Reality Check” by Lynne Swanson and Victoria Ferauge and providing their voice for US Persons Abroad, many of whom do not yet know how they will be affected; i.e. “It can’t possibly affect me; I am not a tax evader.” Education and advocacy for these people is so needed. Thank you for doing your part.
Regards,
“calgary411″
Calgary, Alberta, Canada
@To all, someone is pretending to be me posting all over the place.
James Jatras has some very interesting updates in the quest to repeal FATCA. He filed a FOIA request for documents relating to IGA negotiations with Canada, Switzerland and the United Kingdom. WOW!
http://repealfatca.com/index.asp?idmenu=4&title=News&idsubmenu=139
Another superb article. You’re doing terrific work, Lynne & Victoria. Thank you!
@monalisa1776
Sorry to hear this. Can you give us some links?
@badger
The Titanic comes to mind.
monalisa,
I’m so sorry this is happening to you. It is absolutely cowardly and disgusting of the person doing it. I have been affected as well, but not nearly as much as you. Take note on what SwissPinoy has done to fight back. What can we do to try to help?
Hi @Bubble and @Calgary, I will try to find the newest link asap but am about to go out but just want to reassure Swisspinoy that I wasn’t the one making disparaging remarks to him ;).
Emailed you, @Pacifica
@ All
It is possible now to leave a comment at Tax-News regarding “FATCA Reality Check”. Lynne and Victoria’s rebuttal to Robert Stack-O-Lie’s myth/fact fiasco is great and here’s your chance to encourage Tax-News to publish more factual reports about FATCA. Also it would be wonderful if a few more Brockers would e-mail a Not-A-Myth photo to atticusincanada@gmail.com so she can post them in the Tumblr gallery. Come on — put your mug out there to show Robert Stack that we are not myths. 🙂