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How to Lose Friends, Citizens and Influence

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 :: Tax :: FATCA

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How to Lose Friends, Citizens and Influence  Empty How to Lose Friends, Citizens and Influence

Post by Rock Private Office Wed Jul 17, 2013 6:02 am

Extract from Wall Street Journal:

   
By
COLLEEN GRAFFY
London

Beware the sledgehammer used to crack the nut. In this case, the nut is the U.S. government's laudable goal of catching tax evaders. The sledgehammer is the overreaching effect of legislation that is alienating other countries and resulting in millions of U.S. citizens abroad being forced to either painfully reconsider their nationality, or face a lifetime of onerous bureaucracy, expense and privacy invasion.

Full article here:

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Nothing new but well written. Colleen Graffy is an interesting person though:

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Not sure what she is doing now. It says London on the WSJ article?
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How to Lose Friends, Citizens and Influence  Empty Re: How to Lose Friends, Citizens and Influence

Post by de Heydon Thu Jul 18, 2013 11:08 pm

Very good article.

Some comments claim it was unduly slanted against U.S. tax policies.  However most comments were in favor of Graffy's article & against the ridiculous FATCA legislation.

This forum needs a way to make itself known to the  commenters.
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