Author Archives : Andrew F. Quinlan
With Final FATCA Rules Released, It’s Now Or Never
Last week the Treasury Department finally released the oft delayed final rules for the Foreign Account Tax Compliance Act. The 544 pages of rules seem to offer little in the way of surprises, but they do confirm that FATCA remains “the worst law most Americans have never heard of,” as recently dubbed by James Jatras. […]
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Havoc Wreaked By FATCA Spreads
As the rest of the world is forced to deal with imperialist US tax policy, Americans and the US economy are continuing to suffer the consequences. We’ve already written about how FATCA is causing Americans being dropped from banks in Switzerland, Taiwanese banks reducing their American holdings, and even how some are fighting back. Now […]
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“We can no longer afford to be American citizens.”
In a recent column, Cal Thomas describes the account of a friend named “Sam,” who is learning that being an American overseas comes with high costs: I had read about financially motivated expatriates, but I never knew one until I visited with my longtime friend “Sam” (I’m withholding his real name to protect his current […]
read more...FATCA Must GO! And Here’s WHY…
In the most comprehensive and detailed take-down I’ve yet seen of the Obama administration’s destructive FATCA law, Herman Bouma offers “11 Reasons Why FATCA Must Be Repealed.” Bouma is a Senior Tax Counsel at Buchanan Ingersoll & Rooney PC, and an international taxation expert. Here are the 11 arguments he makes along with my own […]
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Hong Kong Stands Up to FATCA Menace
The chief executive of Hong Kong’s Securities and Futures Commission is warning against allowing US and European fiscal imperialism in Asia. The boss of Hong Kong’s financial watchdog has called for the authorities to take a greater role in global regulatory dialogue to prevent the US and EU from imposing their rules on region, reports […]
read more...Andrew Quinlan Remarks on FATCA to 36th Annual Conference on the Caribbean and Central America
I was asked to talk today about the implications of the most recent delays in implementing FATCA. To do so, I want to put the law in a larger context, as part of a battle which my organization has been fighting for over a decade. Once the context is clear, I’ll then discuss what’s going on with FATCA today and possibilities for the future.
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Coerced Foreign Tax Compliance Is Killing American Jobs
This article appeared in Forbes.
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Rallying Support in the Fight Against FATCA
CF&P is not backing down in the fight against FATCA. With so many insiders and special interests counseling for institutions and nations to just roll over and accept a raw deal, it would be easy to think the fight was already lost. But it’s no fait accompli that nations will give into US bullying, especially […]
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Can Treasury Con 50 Countries Into Relinquishing Their Fiscal Sovereignty?
Fresh off new delays in its implementation of the disastrous FATCA legislation, the Treasury Department has announced that it is in discussions with more than 50 countries to sign bilateral agreements…
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