Hard-hitting alternatives for this Conservative Government and all MPs on how they can stop, better analyze the consequences and not recklessly change what Canadians hold as values if the signed Intergovernmental Agreement with the US for FATCA is implemented. At the very least, let’s have some open discussion with ALL of Canada …
John Richardson and Stephen Kish give very specific reasoning the Department of Finance has not likely seen before in:
. Why there should be NO Canadian participation in FATCA;
. Specific recommendations in the event that Canada does participate in FATCA.
The Government of Canada should not assist the United States in general, and in any manner with the facilitation and/or implementation of FATCA on Canadian soil.
March 10, 2014
Tax Policy Branch
Canada Department of Finance
Enclosed please find PDF and and Word attachment versions of a proposal by John Richardson and Stephen Kish to Canada Finance entitled “Request for changes in legislative proposal to establish IGA between U.S. and Canada for the enhanced exchange of tax information.”
Mr. Richardson and I hope that you will find the comments to be useful.
Barrister and Solicitor,
Stephen Kish, Ph.D.
Professor of Psychiatry
University of Toronto
We welcome your comments on this submission. We worked hard on it.