How has FATCA ultimately impacted the US tax base? Find out here!
On Wednesday, November 20th at 12:00 pm London time (GMT) we continued with our series of webinars dedicated to issues in US taxation.
This time around, we revisited one of our favorite topics: FATCA.
One of the main questions with regards to FATCA is what sort of influence has it had on the US tax base. Has it expanded it? Or is it simply looking to protect it?
There are plenty of positions on this subject, particularly coming from the so-called “Accidental Americans” and other US citizens and residents living abroad.
Submit Your Questions on FATCA
Plenty of questions were discussed as part of the webinar. Some of these included:
- What effect has FATCA had on the US tax base?
- Has FATCA expanded the tax base or is it simply a tool to protect it?
- How is FATCA perceived by ‘Accidental Americans’ and other US citizens living abroad?
- How would you compare CRS’ effect on other countries’ tax base versus that of FATCA on the US?
- As a European bank, how can you reconcile your obligations under FATCA with those under the newly established GDPR?
- And plenty more!
If you have any follow-up questions for our panelists, make sure to submit them below.
John Richardson is a Toronto, Canada based lawyer. He provides advice and assistance for US citizens and Green card holders who do not reside in the United States. He specializes in US citizenship relinquishment, Green Card expatriation and assisting US persons with their compliance obligations. You can contact him on his website www.citizenshipsolutions.ca.
Dr. Karen Alpert,
University of Queensland Business School,
Dr. Karen Alpert lectures Finance at the University of Queensland Business School in Australia. Dr. Alpert’s qualifications include a PhD in Finance (University of Queensland), Masters in Tax (University of Southern California) and MBA (University of California, Berkeley). Her research explores the impact of taxation and government regulation on financial decision-making.