French Senate rejects National Assembly's FATCA reciprocity amendment

To the disappointment of many accidental Americans in France, France's Senate on Tuesday night "adopted an amendment aimed at deleting" an addition to the government's latest Finance Bill which would have required the U.S. government to "reciprocate" with respect to the information it currently requires French banks and financial institutions to provide the U.S. about the accounts of their American citizen clients, in compliance with the U.S. tax evasion-prevention law known as FATCA.

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Dutch news website picks up on anti-FATCA feeling in Europe

An English-language news website based in Amsterdam has become the latest non-U.S. media organization to highlight the struggles that overseas-resident Americans – "accidental or otherwise", as it says in its headline – are having, in dealing with the U.S. tax evasion-prevention law known as FATCA. 

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State Dept seeks dismissal of 'accidentals' legal case relating to suspension of voluntary expatriation services

In the latest development in long-running efforts by the France-based Association of Accidental Americans to compel the U.S. government to make life easier for its members and other "accidental Americans," the U.S. State Department has requested that a federal court dismiss a suit that the AAA filed last year, along with 11 individual plaintiffs, arguing that the government's suspension of voluntary expatriation services in U.S. embassies and consulates around the world was a violation of the U.S. constitution.

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Dutch financial arbitration body says Aegon OK to close dual U.S./Dutch citizen's savings account

A Dutch financial arbitration body known as KiFiD has ruled that a local banking operation of Dutch financial services giant Aegon was within its rights to close the savings account of one of its clients who has dual American and Dutch citizenship, because it did so as part of a larger business decision to close the part of its Dutch business in which the account was held to all of its clients in that operation.

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Americans and 'accidentals' in Europe react, after EU's Gentiloni quoted saying FATCA not a bloc issue

European Commissioner for the Economy Paolo Gentiloni has again drawn fierce criticism from Americans and accidental Americans in Europe, with his remarks on the the U.S. Foreign Account Tax Compliance Act (FATCA) – this time for saying that the European Commission is technically unable to directly address problems with "the monitoring and enforcement of EU data protection rules" that he acknowledges FATCA is causing. 

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Potential major precedent seen, as Dutch court rules in favor of 'unintentionally American' pilot Ariës

In a ruling that has left many "accidental Americans" (as well as ordinary American expats) cheering, a Dutch court ruled yesterday (Dec. 29) that a Dutch citizen born in the U.S., but with no other connection to that country, is entitled to keep his accounts with his local bank, even if he doesn't provide it with a U.S. Tax Identification Number (TIN), as long as his total holdings in these accounts don't exceed US$50,000. 

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Opinion

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

In the early years of this century, a number of major media exposés reported how Homeland Americans, as well as rich people from other developed and developing countries, were making...

Jul-30-2022