October 2

Canada’s Shadow Revenue Minister Warns Government against Sellout on FATCA!

At the top of the list of “must have” countries on which the U.S. Treasury Department needs to force submission to the “Foreign Account Tax Compliance Act” (FATCA) is our closest ally and biggest trading partner: Canada. Unless Ottawa agrees to sign on the dotted line to permit enforcement of this ill-conceived U.S. law against its own Canadian institutions and citizens, prospects for compelling the rest of the world to fall into line lose all credibility. According to Treasury’s earlier ...

 

- 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