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Archive for September 2013

2013 Sept 27 – Wordsworth

 
Araminta Wordsworth
American expats feeling less free as draconian tax law kicks in
National Post (27 Sept 2013)

http://fullcomment.nationalpost.com/2013/09/27/american-expats-feeling-less-free-as-draconian-tax-law-kicks-in/

Increased renunciations and rejection by foreign financial institutions are two of the consequences of the implementation of FATCA.
 

Written by usxcanada

27 September 2013 at 6:00 am

Posted in Uncategorized

2013 Sept 26 – Geoghegan

 
Tom Geoghegan
Why are Americans giving up their citizenship?
BBC News Magazine (26 Sept 2013)

http://www.bbc.co.uk/news/magazine-24135021

Considerable detail is provided for the stories of three US persons (one recently renounced) living in Scandinavia, Germany, and France.
 

Written by usxcanada

26 September 2013 at 6:00 am

Posted in Uncategorized

2013 Sept 17 – Swanson

 
Lynne Swanson
Dual Canadian-American citizens: we are not tax cheats
Financial Post (17 Sept 2013)

http://opinion.financialpost.com/2013/09/17/dual-canadian-american-citizens-we-are-not-tax-cheats/

This op-ed passionately addresses the “American difference” that may enable Canadian government accommodation of US government demand for FATCA reporting. Missing elements: accounting for the fundamental anti-Americanism that makes such discrimination possible; assessment of Canada’s unique geographic and cultural and economic proximity to the United States; recognition of statist tendencies manifested in Canada’s style of governance.
 

Written by usxcanada

17 September 2013 at 6:00 am

2013 Sept 13 – Ferauge

 
Victoria Ferauge
A global social network of outrage and action
Franco-American Flophouse [blog] (13 Sept 2013)

http://thefranco-americanflophouse.blogspot.ca/2013/09/a-global-social-network-of-outrage-and.html

What may be the first-ever public protest against FATCA occasions a useful review of the social networking facilitated by the Isaac Brock Society web site since its inception in December 2011.
 

Written by usxcanada

13 September 2013 at 6:00 am

2013 Sept 11 – Ferauge

 
Victoria Ferauge / Lynne Swanson
FATCA losing its way
Accounting Today (11 Sept 2013)

http://www.accountingtoday.com/news/FATCA-Losing-Way-68007-1.html

An overview of the tortuous path being trod by the US attempt to implement FATCA.
 

Written by usxcanada

11 September 2013 at 6:00 am

2013 Sept 9 – Brewster

 
Murray Brewster
Flaherty announces 3-year freeze in EI premiums
CTV News (9 Sept 2013)

http://www.ctvnews.ca/business/flaherty-announces-3-year-freeze-in-ei-premiums-1.1446387

Canadian Minister of Finance Jim Flaherty responds to reporter questioning about FATCA at an event focused on employment insurance premiums. Full transcription of the exchange is provided at https://usxcanada.wordpress.com/perspectives/#flaherty.
 

Written by usxcanada

9 September 2013 at 7:00 am

2013 Sept 9 – McKenna

 
Barrie McKenna
Flaherty says tax deal near on Americans living in Canada
Globe and Mail (9 Sept 2013)

http://www.theglobeandmail.com/globe-investor/personal-finance/taxes/flaherty-says-tax-deal-near-on-americans-living-in-canada/article14197496/

All the news is in the headline. Flaherty makes it clear that Canada is on track to satisfy U.S. FATCA requirements. It seems that the Flaherty comment that generated the story was provoked by a two-person information picket at a Flaherty appearance in Ottawa on an unrelated matter.
 

Written by usxcanada

9 September 2013 at 6:00 am