January 26

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. It’s time for more Americans to hear about FATCA and the damage it is preparing to do – if not already doing – to the world economy. Media Gets FATCA ...

 

- 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