by Andrew F. Quinlan | Oct 1, 2013 | Blogs, Tax Competition, Taxation
The destruction caused by the Foreign Account Tax Compliance Act (FATCA) has been well covered by CF&P and others. Among other things, the law is scaring foreign investment out of the economy, turning US citizens abroad into toxic assets, and redirecting...
by Andrew F. Quinlan | Sep 12, 2013 | Opinion and Commentary
This article appeared in The Daily Caller on September 12, 2013. In light of multiple revelations on the extent of NSA spying upon U.S. citizens, Americans are increasingly weary of government infringement on privacy rights. First, it was revealed that the NSA was...
by Dan Mitchell | Aug 11, 2013 | Blogs, Tax Competition, Taxation
President Obama promised he would unite the world…and he’s right. Representatives from dozens of nations have bitterly complained about an awful piece of legislation, called the Foreign Account Tax Compliance Act (FATCA), that was enacted back in 2010. They despise...
by Andrew F. Quinlan | Jul 26, 2013 | Blogs, Financial Privacy, Tax Competition, Taxation
Since its passage in 2010, the Foreign Account Tax Compliance Act has been delayed multiple times. Most recently the Treasury Department has pushed back 6 months the beginning of FATCA’s withholding penalty for noncompliant institutions, from January 1, 2014 to...
by Andrew F. Quinlan | Jul 17, 2013 | Blogs, Financial Privacy, Tax Competition, Taxation
Few know better than Americans living overseas the punitive and capricious nature of U.S. tax policy. Writing in today’s Wall Street Journal, law professor and former Deputy Assistant Secretary of State Colleen Graffy provided a clear and concise accounting of...
