by Andrew F. Quinlan | Feb 6, 2013 | Blogs, Tax Competition, Taxation
I wrote recently about the need to draw a line in the sand on FATCA. Long story short, if current efforts to form an international tax cartel are not halted immediately, we can look forward to a future with a bleak economic outlook due to depressed worldwide...
by Andrew F. Quinlan | Jan 24, 2013 | Blogs, Financial Privacy, Taxation
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...
by Andrew F. Quinlan | Jan 14, 2013 | Big Government, Blogs, Regulations
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...
by Andrew F. Quinlan | Jan 3, 2013 | Blogs, Taxation
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...
by Andrew F. Quinlan | Dec 17, 2012 | Blogs, Taxation
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I’ve yet seen of the Obama administration’s destructive FATCA law, Herman Bouma offers “11 Reasons Why FATCA Must Be Repealed.”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...