1) As a tax accountant, how do you feel about FATCA and its consequences it will have towards Americans abroad? (This includes accidental americans, green card holders, people with no ties to the US)
2) Do you think that FATCA will ultimately lead to the further economic decay of the US? Will it even be possible/feasible (without going broke) for Americans abroad to be compliant with both the tax laws in their country of residence and as well as the ones that the IRS/US mandates towards its citizen working in another country?
For those people who are unfamiliar with FATCA. and its damaging effects towards the average middle class persons with little or no American ties. Please visit these sites for more info:
RepealFatca3 karma
1) As a tax accountant, how do you feel about FATCA and its consequences it will have towards Americans abroad? (This includes accidental americans, green card holders, people with no ties to the US)
2) Do you think that FATCA will ultimately lead to the further economic decay of the US? Will it even be possible/feasible (without going broke) for Americans abroad to be compliant with both the tax laws in their country of residence and as well as the ones that the IRS/US mandates towards its citizen working in another country?
For those people who are unfamiliar with FATCA. and its damaging effects towards the average middle class persons with little or no American ties. Please visit these sites for more info:
http://isaacbrocksociety.ca/
http://www.repealfatca.com/
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