July 30

Shattering Four Myths about the ‘Foreign Account Tax Compliance Act’: Why ‘FATCA’ Can and Should Be Repealed

James Jatras, principal of Squire Sanders Public Advocacy, a Washington-based government relations firm, believes FATCA will be repealed once its cost to ordinary Americans becomes apparent. For two years, much of the global financial community has been in an uproar about a pending US law that has barely been noticed in the United States. That may soon change as the unacceptable costs of the "Foreign Account Tax Compliance Act (FATCA) become fully apparent. Enacted in 2010 as a supposed re...

 

- Letter to Treasury Secretary Lew from Congressman Bill Posey

- Letter to Treasury Secretary Geithner from Senators Rand Paul, Jim DeMint, Mike Lee, and Saxby Chambliss