HEADS UP to expats. The Foreign Account Tax Compliance Act - TopicsExpress

HEADS UP to expats. The Foreign Account Tax Compliance Act (FATCA) is having a negative impact on the U.S. economy, U.S. financial markets, American businesses operating abroad and American citizens who work and reside overseas. American Citizens Abroad (ACA) is working hard to educate the legislature and decision makers to inform them of the many dangers of FATCA. Recently legislators and the media have come out in strong opposition to FATCA, some advocate for repeal, others for revisions of the regulations. All our unanimous that FATCA as currently drafted is bad for America and Americans. americansabroad.org/issues/fatca/fatca-bad-america-why-it-should-be-repealed/

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