Tax-News, a global tax publication, has published Canadian House of Commons Votes To Help IRS Seize Bank Records of Canadians
“Why do our most heinous criminals have more Charter rights than I do?” asks this Canadian police officer who has protected Canadians for over three decades.
The article by Lynne Swanson also quotes Stephem Kish responding to a statement that appeared in Tax-News:
“I cannot believe that the Investment Funds Institute of Canada actually “commends” the Canadian government (Tax-News June 17, 2014) for an agreement that makes discrimination against one group for Canadian citizens mandatory based on place of birth, sacrifices fundamental rights of one million Canadians, and surrenders Canadian sovereignty to a foreign bully,” says Dr. Stephen Kish, Chair of ADCS Board of Directors.
Dr. Kish also says:
“We will fight this violation of Canada’s constitution and Charter of Rights and Freedoms all the way to the Supreme Court of Canada to protect our rights and stop this imposition of American law on Canada.
@ Lynne
Would you be interested in writing an ebook “FATCA in Canada for Dummies”? With each $ 250.00 contribution to ADCS, a person would be entitled to a free download. There would be one exception- Joe Oliver would be given a free printed copy without a donation, preferably on cue cards.
I just learned that a major bank has developed an extensive training course for their employees on FATCA, It’s a self study course with self-marking quizzes that shouldn’t take much more than a half hour to complete ( no kidding- this is true).
Hazy: Do you have a copy of the self-study and quizzes?
Lynne- Sorry I don’t have the materials. However, from what I was told, anyone of us would easily get an A+ on the quiz without looking at the study guide.
There is new software called FATCA FIND.
http://www.marketwatch.com/story/fatca-find-enhanced-through-collaboration-between-navigant-and-appway-2014-06-25
The above is a link to a recent press release.
FATCA training courses – an entire industry has been spawned. Just google FATCA and training. Wow.