Opinion: What frozen bank accounts of U.S. citizens in Europe could mean for U.S. citizens elsewhere

As this and other media organizations have been reporting in recent months, Europe's banks are becoming increasingly aware of an approaching Dec. 31 deadline, after which they will be obliged to comply with an element of the 2010 U.S. law known as the Foreign Account Tax Compliance Act (FATCA) that obliges them to give the U.S. the "Tax Information Number" of all of their American account-holders...

Dutch banking ass'n uses website video to urge 'accidental American' account-holders to get SS#s

In the latest development in what is becoming a fast-moving international story concerning the bank accounts of tens of thousands of "accidental Americans" living outside of the U.S., it has emerged that the Dutch Banking Association has posted an animated video on the home page of its website in which it warns such clients of the need to get their U.S. Social Security numbers – if they don’t wish to lose their Dutch bank accounts.

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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...

Mar-18-2023