Tag Archives: Foreign Account Tax Compliance Act
The Center for Freedom and Prosperity submitted testimony in response to open solicitations from the Parliament of New Zealand regarding tax legislation to implement compliance with the Foreign Account Tax Compliance Act (FATCA). Authored by CF&P Director of Government Affairs, Brian Garst, the testimony warned that appeasement of U.S. demands is the wrong approach, suggesting instead that New Zealand should join in efforts to repeal FATCA.
The Center for Freedom and Prosperity applauds the decision of the Republican National Committee to adopt FATCA repeal as part of its official platform. Since its passage in 2010, the Foreign Account Tax Compliance Act has proven a disaster for Americans living, working and investing overseas, and is a fundamentally wrongheaded approach to tax enforcement.
Despite spending more than $8.6 million so far, with another $8 million projected to be spent still, on developing the online portal for handling the registration of foreign financial institutions… Read more
This year has seen numerous scandals followed by public concern over the extent to which government agencies are violating their privacy rights. Much of the focus has been on the… Read more
This article appeared in La Prensa.
This article appeared in Offshore Investment.
This article appeared in The Daily Caller.