It’s hard to believe we are entering yet one more year with FATCA hanging over our heads. For many of us, 2014 is the fourth calendar year (2011, 2012, 2013 and 2014) we have been living with this nightmare.
On the first regular working day of 2014, there are some interesting articles.
Current Concerns based in Zurich has an interview with James Jatras of Repeal FATCA. The headline on the article says it all: FATCA: “The real victims will be national sovereignty and citizens’ and consumers’ rights”
Credit Union National Association in the US says Call for FATCA Repeal Could Gain Momentum. (Let’s hope they’re right!)
Scoop It at Investors Europe Stock Market calls 2014 The Year of the US Bogeyman: FATCA Withholding Begins in July.
In Forbes, Robert Wood proclaims Americans Are Unwanted Worldwide (At Least By Banks) The comments and Wood’s replies to them are as interesting (perhaps more so) than the article itself.