If You Do Not Have Your Assets Outside of the US Yet, What Are You Waiting For?
Jeff Berwick The trajectory is clear. Painfully clear. The US government is so beyond bankrupt it isn’t even worth belaboring the point. We’ve spent the…
FATCA
US Foreign Wealth Confiscation Begins Under the Code Names FinCen, FATCA and FBAR
Jeff Berwick Activist Post We have been reporting on how the US government is using very nefarious and egregious methods on tracking its own citizens’…
US Expats in Mexico Left Stranded In Latest FATCA Escalation
Jeff Berwick Activist Post As the first set of Foreign Account Tax Compliance Act (FATCA) compliance issues for banks worldwide is set to come into effect…
Capital Controls Rolling Into High Gear Under FATCA
Jeff Berwick Activist Post The traditional banking system was already bad enough, but now with banks around the world rushing to comply with the Foreign…
The Age Of FATCA Is Upon Us: Credit Suisse Admits Guilt For Money Laundering
Jeff Berwick Activist Post As Credit Suisse (CS) pled guilty for conspiring to aid US tax evasion and swallowed $2.6 billion in fines in federal…
FATCA Update: A Semi-Stay of Execution for Americans Assets and the US Dollar
Jeff Berwick Activist Post The Illegitimate Revenue Agency (IRS) has just announced that the Foreign Account Tax Compliance Act (FATCA) has been postponed from July…
US Citizen? No Foreign Bank Account For You!
Jeff Berwick Activist Post Many people laughingly remember the image of the Soup Nazi in Seinfeld. If you did anything out of order or that…
Governments Worldwide Adopting FATCA Style Legislation
Jeff Berwick Activist Post It seems the US has created a new model for the world of draconian taxes and penalties. New powers at HM…