July 8

RepealFATCA.com Roundup: July 1 Marks Not the End of the Fight – It’s Only the Beginning

It seems that many FATCA critics feared – and the U.S. Treasury Department hoped – that July 1, 2014, (the date when the “Foreign Account Tax Compliance Act” provisions on foreign financial entities went live) would amount to some kind of finish line. After that, FATCA would be set in stone, and any effort to slow down its enforcement and work for its repeal would be futile. Interest in FATCA would wane. Everyone would quiet down and accept the inevitable . . . It seems the exact o...

 

- 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