tag:blogger.com,1999:blog-2424131704277823220.post6347792129385378133..comments2023-09-23T11:16:00.352+02:00Comments on The Franco-American Flophouse has moved: Transnational Politics: Fighting on the FATCA FrontVictoria FERAUGEhttp://www.blogger.com/profile/16319699673885400472noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2424131704277823220.post-70506795443638813502014-06-25T09:35:04.622+02:002014-06-25T09:35:04.622+02:00Got some good news recently (well "good"...Got some good news recently (well "good" is relative).<br /><br />Friends and family members in the US have seen the reports in the WSJ and the Canadian media and that seems to have sparked their interest. And right now I have a family member visiting from the Pacific Northwest and he gave me his view. Kudos, he said, all that work is paying off and you are finally getting some attention. We'll see if that translates into any sort of action on the US side, he said. <br /><br />It was nice to hear. :-)Victoria FERAUGEhttps://www.blogger.com/profile/16319699673885400472noreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-81090976133948741732014-06-24T18:13:33.783+02:002014-06-24T18:13:33.783+02:00Great post. Thanks Victoria.
While the government ...Great post. Thanks Victoria.<br />While the government is busy looking for coins under sofas, USA might be missing out a lot of other business opportunities around the world. <br />Well, if I were a young and ambitious foreigner I might not want to have anything to do with USA as it might trap me as a "US Person" and I will be liable of any investments I might owned/inherited and taxes I might owe around the world.<br />Rich young and highly educated Chinese and Indians are giving up their green cards ASAP. Breadnoreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-35476299839335813382014-06-24T14:35:35.391+02:002014-06-24T14:35:35.391+02:00Nicely written as always, Victoria.
I read the rep...Nicely written as always, Victoria.<br />I read the report from Ellen on her meeting with Frederic Lefebvre with Keith. Thank you both for meeting with him.<br />From the report, I feel a sense of sympathy from him, but did he suggest concrete actions to be taken to prevent discrimination and the privacy issues, especially in the case of French people married to Americans whose financial info is going to be transferred? What count is actions and what he can get done to protect French citizens.<br />Did the Canadian lawsuit come up.<br />HAs he researched possible ground for a similar lawsuit in France or at the European level? For god's sake, he is a lawyer!Christophenoreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-91020130689360603942014-06-24T07:54:38.812+02:002014-06-24T07:54:38.812+02:00@Thank you, Ellen. I thought pulling it all toget...@Thank you, Ellen. I thought pulling it all together would give the context which is just fascinating...<br /><br />@P. Moore. Just a few short days and we shall see what FATCA really does.<br /><br />@Used to Be, Not sure what to think here. Do they care that Americans abroad are less globally mobile and less able participants in globalization? Or do they think that the sun, moon and stars revolve around the US and they want these folks (us) to come home and use out talents there?<br /><br />@Blaze, Amazing. What strange bedfellows are made in this fight. Here are the Democrats in the US on the same side as the conservative government in Canada. And the Repubs in the US on the same side as the Green Party and the NDP in Canada. Not to mention a Dutch social Democrat and a French UMP rep... <br />Who woulda thought THAT would ever happen?Victoria FERAUGEhttps://www.blogger.com/profile/16319699673885400472noreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-69988153248185485932014-06-24T04:04:48.469+02:002014-06-24T04:04:48.469+02:00Victoria: The NDP in Canada is also very left-win...Victoria: The NDP in Canada is also very left-wing. They are lining up with the Repugs on FATCA while the Harper Cons are in bed with the Obamacrats.<br /><br />Go figure.Blazehttps://www.blogger.com/profile/12871285356307431578noreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-30192123162416238302014-06-23T21:34:31.811+02:002014-06-23T21:34:31.811+02:00This law is weakening USA ability to compete.
Sma...This law is weakening USA ability to compete. <br />Small regular business persons in USA who try to expand to Asia/Europe found themselves in trouble as it is harder to deal with any banks or loan agents if one is an American. <br />Americans are also shut out of oversea business deals and promotion as they might trigger too much paper works.<br />Americans are losing out on a lot of deals and opportunities. <br />Foreigners with money , ambition and talents rather go to Canada , China, Russia than USA and get tangled as a "US person." <br />No one needs to expose their business or banking accounts to IRS.<br /> Used to be Democratnoreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-45992683646999256912014-06-23T16:17:52.034+02:002014-06-23T16:17:52.034+02:00Victoria,
I bet this 'show' will get all t...Victoria,<br />I bet this 'show' will get all the more interesting after July 1st. Then it likely will have more action when the 1st significant 30% is deducted from some investments, particularly if it is an institutional investor or international bank.P. Moorenoreply@blogger.comtag:blogger.com,1999:blog-2424131704277823220.post-73168146787071420112014-06-23T13:45:19.321+02:002014-06-23T13:45:19.321+02:00Great post, Victoria!Great post, Victoria!Ellen Lebellehttps://www.blogger.com/profile/01929639076042070115noreply@blogger.com