Canadian court rules against 'Gwen and Kazia' challenge of FATCA information-sharing law's constitutionality

An appeals court in Ottawa has affirmed the constitutionality of the way the Canadian government allows Canadian financial institutions to share the information of their U.S. account-holders with the authorities in the U.S., ending the latest round of a years-long battle by two U.S. born Canadian women who are known informally to their supporters as "Gwen and Kazia." 

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New European Parliament 'update' of 2018 report on FATCA said to acknowledge many FATCA critics' concerns

(..as FATCA critics respond with calls for immediate EU action)                                                                          

A new report by a European Parliamentary think tank that had been commissioned by the Parliament's Committee on Petitions (PETI) to "update" a previous report on the subject of "FATCA Legislation and its Application at the International and EU Level" is being welcomed by FATCA critics in Europe for its acknowledgement of certain  concerns about the way the U.S. Foreign Account Tax Compliance Act is implemented that the original report didn't fully identify.

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A Reader Asks: 'Someone mentioned that the IRS's Taxpayer Advocate Service can help expats. How?'

Many U.S. expats are still enjoying the sense that the annual nightmare of getting their American taxes done has come and gone, and they have a few months of peace before they need to begin worrying again. Others still have a few loose ends to tie up, and are keeping an eye on the final deadline for these left-to-complete bits that is moving ever closer by the day. (Monday, Oct. 17, in case you're wondering...)

Recently, a reader of the American Expat Financial News Journal got in touch to say that they were in the process of beginning to plan for Tax Year 2022 – and as part of this, wanted to know what help, if any, they might be able to get from a component of the IRS known as the "Taxpayer Advocate Service".

BREAKING: Mixed response in Expatland as U.S. Treasury unveils plans for new FATCA reporting 'guidance' for 'FFIs'

The news that banks in the Netherlands will not, in fact, be obliged to begin requiring their U.S. person account-holders to have U.S. Taxpayer Identification Numbers (TINs), such as Social Security numbers, as of Sept 1, has (unsurprisingly) been welcomed by such TIN-lacking U.S. persons in that country.

(Particularly since Sept. 1 came and went more than a week ago...)

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Lehagre's Assn of Accidental Americans requests U.S. district court 'expedite' its renunciation fee challenge case

The Association of Accidental Americans, a Paris-based advocacy organization, together with 20 “accidental Americans” (persons deemed to be U.S. citizens because they happened to have been born in the U.S. but who've lived all of the rest of their lives elsewhere, as citizens of other countries), yesterday filed a motion to expedite a legal challenge it filed in 2020, over the legality of the Renunciation Fee.

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Opinion

A Reader Asks: 'Someone mentioned that the IRS's Taxpayer Advocate Service can help expats. How?'

A Reader Asks: 'Someone mentioned that the IRS's Taxpayer Advocate Service can help expats. How?'

Many U.S. expats are still enjoying the sense that the annual nightmare of getting their American taxes done has come and gone, and they have a few months of peace...

Sep-13-2022