Liberty and justice for all United States persons abroad

The Isaac Brock Society

Media and Blog Articles – part 2 of 11 (Year 2015)

You can access all years at this link: Media and Blog Articles – Links for All Years

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Media and Blog Articles

EmBee suggested that it would be good if there was a thread for new articles, so that people would be aware of where to comment. So, I created this permanent page.  You could mention such articles in the comment stream for this page, or if I see one on another thread, I can copy the link to here. I’ll keep adding to the list, but not deleting, so we’ll end up having sort of a “bibliography” too.  [Note:  Some articles are not open for comments]

For more articles on FATCA, enter FATCA into Google then click on the link “more news for fatca” just below the most recent featured article.

Note also: JC suggests to see #FATCA on Twitter for latest breaking news. JC finds that is quite a good source and there even are some international articles that one may read using Google Translate.” Others may help certain tweets and articles remain in elevated position by retweeting them.

Be sure to read the comment stream for this thread — there are usually very recent articles mentioned there that are not yet on this list.

2015.01.01
Raising revenue off Caribbean backs, Bruce Zagaris, NationNews, Barbados.
On or about 2016.01.01
16 issues to make 2016 candy for the market, Westfield Times.
2015.12.31
Tax reporting norms: FinMin updates guidance note on compliance, K.R. Srivats, Hindu Business Line, India.
2015.12.30
Top Tax Blogs from 2015, Tax Connections. (Congratulations to John Richardson and Lynne Swanson who placed 2nd and 4th!)
Global dragnet puts pressure on tax evaders as year-end deadlines loom, Jeff Gray, Globe and Mail, Canada.
IRS Employee Whose Job Was Assisting Victims Of Identity Theft Charged in $1 Million Identity Theft Tax Fraud, Paul Caron, TaxProfBlog, US.
How America’s Wealthiest Are Saving Billions Through a Private Tax System, TruthDig.
RA Returns Home, TaxProTalk forum.
2015.12.29
For the Wealthiest, a Private Tax System That Saves Them Billions, Noam Scheiber and Patricia Cohen, New York Times, US.
IRS Stirs Up New Crisis With Non-Profits Over Social Security Numbers, Eric Pianin, The Fiscal Times.
DNC Must Heed Warning Bells From 2000, Bennet Kelley, Huffington Post, US.
2015.12.28
IRS Creates “International Practice Units” for their IRS Revenue Agents in International Tax Matters, Patrick Martin, Tax-Expatriation, US.
MF investors: Les than a4th comply with US tax law, Jayshree P. Upadhyay & Ashley Coutinho, Business Standard, India.
IRS service should improve after some saw their ‘worst tax season,” advocate says, Robert Schroeder, MarketWatch, US.

Articles from earlier in 2015 are at this link

 Articles from 2014 are at this link

Media and Blog Articles Open for Comment thread, Part 1 of 2, is at this link

Media and Blog Articles Open for Comment thread, Part 3 of 3, is at this link

1,837 thoughts on “Media and Blog Articles – part 2 of 11 (Year 2015)”

  6. More from the Forbes article cited above by Charl — the final two paragraphs:

    “The word “Consent” was important. Under the British Constitution, no British subjects could be taxed without the consent of their representatives in Parliament. But the colonies didn’t elect representatives to Parliament. They were, however, clearly being taxed. The colonists considered the constant imposition of taxes without a vote to be unconstitutional. It was, they felt, “taxation without representation.”

    The idea that the colonists had such little control over their own lives didn’t just lead to the penning of the Declaration of Independence and the accompanying vote, it set the United States down the road to real independence. That spirit is what we celebrate today, on July 4.”

  7. @canoe This article has sent me into a blind rage. Really….are they this moronic, do they not have one modicum of insight into their OWN f-ing history? No one should be celebrating this July 4th until CBT and FATCA are GONE. What happened to the colonists wasn’t even CLOSE to what they are doing to us and they fought a revolution. Our plight is that we are dispersed, cannot launch a proper Second American Revolution and thus the abuse even greater.

    If I burst an aneurysm today please feel free to use my cold dead body as evidence at trial to demonstrate the effect CBT/FATCA is having on innocent souls whose only mistake was to live someplace else.

  8. @Charl — I was going to add my own comments after posting those last two paragraphs of the Forbes article, but I was just too aggravated. I think that was mainly from thinking about “such little control over their own lives” and what that has mushroomed into since with CBT, FBAR reporting to the Financial Crimes Enforcement folk, FATCA, PFICs, $2350 USD, and so much more. So thank you, Charl, for finishing my thoughts, too, and putting them into words!

  9. @ Charl
    I’m feeling rather churlish today so I put a couple of less than diplomatic comments up at the CBC article about how Heyman and Harper bonded over a hot sauce tasting. They both make me want to puke. There’s no sovereignty implied in Canada Day anymore; nor is there any liberty in Independence Day. July 1st — Blah! July 4th — Bleh!

  10. @EmBee…..Churlish, I so wish! I’d rather describe my feelings today as homicidal rage. And I have been raging at every single place I can pound my, now bloodied, keyboard at. I’m thinking Ms. Erb at Forbes could use a bit of churlishness today also. (I took at whack at the DA and the RO too….. I’m now screaming potty words at my fridge).

  11. @ Charl
    I wish we could apply your heat to the Sovereignty Thermometer. It would go through the top. I was just bemoaning in an e-mail how we lack the vim and vigour we had at the beginning of this year long march to Ginny and Gwen’s court date but you got it gal and goodness but we are grateful. Keep pounding on those keys but please don’t hurt yourself.

  12. Keith REDMOND ‏@kred65 Jul 4
    @taxgirl @Forbes #FATCA You forgot about the 8.7M Americans overseas who are taxed WITHOUT representation!!!!
    Some Twitter exchange with Forbes article journalist:

    Kelly Phillips Erb ‏@taxgirl Jul 4
    @kred65 @Forbes Not a fan of #FATCA but not all subject to reporting have no representation. Americans citizens abroad can still vote.

    Keith REDMOND ‏@kred65 Jul 4
    @taxgirl @Forbes #FATCA We write,call, e-mail our Congressmen & Senators about our plight – WE ARE IGNORED! Hence no formal representation!

    This was my addition:
    JC Double Taxed ‏@JCDoubleTaxed 7h7 hours ago
    @kred65 @taxgirl @Forbes We are TAXED without our consent & without US government services for those in our overseas communities = TYRANNY.

  14. @Tom, from your posted article:

    “When Fatca was first introduced, for example, the cost of adding a single field to capture client tax domicile amounted to a 40 percent increase in operations’ budget for one financial institution. And financial institutions are still working on Fatca!”

    No wonder US financial institutions don’t want it.

  17. When I noticed an article yesterday about Kenya and double taxation, my first thought was of that wonderful article from a few years back, “The Accidental Kenyan”, by Don Whiteley.

    But here is another version of the same topic as cited above by Tom:
    http://www.jambonewspot.com/treaty-to-shield-kenyans-in-us-from-double-taxation-as-fatca-takes-effect/

    To avoid double taxation, Kenya is “pursuing a framework with the US, where one would be taxed in the country where they spent most of the time during a tax year or where one earned most of their income.”

  18. @canoe,

    To avoid double taxation, Kenya is “pursuing a framework with the US, where one would be taxed in the country where they spent most of the time during a tax year or where one earned most of their income.”

    Good luck with that, Kenya. What you’ll get is the US graciously allowing you to not tax your citizens resident in the US, while they will insist on taxing their citizens resident in Kenya, thus sucking money out of the Kenyan economy.

    I have to wonder why countries bother signing such treaties with the US. What do they actually get out of it?

  22. “Critics say that we can should wait for comprehensive tax reform. How long shall we wait?”

  25. @calgary411

    ITA with @Tricia Moon… we will be long gone by then… all these so called reports are basically cutting down trees for nothing… each & every politician has an agenda… all US persons can protest & moan about it… until there is litigation… they won’t hear us… we are the easy marks… unless we band together like we have already & sue them… they won’t hear us… litigation is the only way we can get relief…

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