tschmath wrote:
And how about the end of western civilization as we know it after the passage of Social Security? And the descent into total socialism once Medicare was passed? Are we really so sure that Obama wasn't behind the passage of Medicaid?
It's obvious that Gitzo is a complete moron, and that this website that he cited was just a ruse for shilling some stupid products. But let's let him keep on ranting about the sky falling in, because he's become such a joke now that nothing he posts can be taken seriously. There are serious conservatives here I will always disagree with, but take seriously, like Blurreyed, but Gitzo has shown himself to be a buffoon. Especially after he posted the same stupid false article twice and was shot down each time. But he's always good for a laugh, even if it is at his own expense.
And how about the end of western civilization as w... (
show quote)
So much for the ignorant fool above; you offer exactly what? a few insults and your pathetic "opinions" which are based on? Zilch, squat, nothing;
It's obvious that YOU are the moron; there are probably 300 web sites on the internet that explain, and tell why this draconian new law is a disaster for the U.S., and the entire world financial system; but a couple of ignorant fools who haven't a clue, ( and who probably never even HEARD of FATCA before I posted this ), think that if they throw enough crap against the wall, some of it may stick; I suppose it "might".....assuming that anyone reading these posts were also as ignorant and as stupid as the dummy with the frog, the idiot above, and the liar (Konk ) who seems to have problems trying to remember exactly what it was he worked at for years and years. I really couldn't care less what any of you fools think about me; ( I can assure you that it won't be any less that I think about you. )
But the problem for all of YOU is, I'm guessing that there will be many people reading all of your insults and false information that don't stay "intoxicated" 24-7 on liberal "Kool-Aide", and are perfectly capable of thinking for themselves; no one has to take your word for anything; the pompous "frog" thinks this law went into effect three years ago, which is completely false;
http://www.ey.com/GL/en/Industries/Financial-Services/Banking---Capital-Markets/FATCA--resourceshttp://petitions.moveon.org/sign/repeal-fatcaIn googling "organizations against FATCA", anyone will come up with dozens of web sites, from world wide accounting firms, to tax lawyers looking for "business", to even Move on.org ! (Little did I ever realize that those schmucks would ever agree with me about anything! ) That will doubtless be very "inconvenient" for all of you ignorant libs who just "assumed" that this was just one more political argument. So......by all means......keep on throwing your childish insults.......you're proving everything that I'm saying.
FATCA knowledge center
THE FACTS ON FATCAThe Foreign Account Tax Compliance Act (FATCA) will become effective in 2014. It makes substantial changes to information reporting and compliance requirements for offshore accounts. We offer guidance and resource to help your organization get prepared. See our FATCA timelineFor what lies ahead >>
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FATCA news
US IRS and Treasury issue proposed and temporary regulations
US IRS and Treasury released proposed and temporary regulations (TD 9657 and TD 9658) providing further FATCA guidance and conforming the requirements in chapters 3 and 61 of the Internal Revenue Code with the requirements of FATCA. (25 Feb 2014)
OECD Common Reporting Standard: A global FATCA-like regime
The Organization for Economic Co-operation and Development (OECD) has released a model Competent Authority Agreement (CAA) and Common Reporting Standard (CRS) designed to create a global standard for the automatic exchange of financial account information. (18 Feb 2014)
What you need to know about IRS Notice 2013-69
The Notice guides foreign financial institutions (FFIs) entering into FFI agreements (FFIAs) with the IRS. It also includes a draft FFIA which, while greatly anticipated, does not contain many surprises. (6 November 2013)
Banks have more time to comply with offshore tax rule
The Internal Revenue Service and the Department of the Treasury are giving financial institutions more time to comply with offshore tax rules. (16 July 2013)
Notice 2013-43 revises timelines and provides other guidance on FATCA provisions
Treasury and the IRS have released Notice 2013-43, announcing a delay of key timelines for implementation of many FATCA provisions. (12 July 2013)
Final Guidance Notes on the administration of the US-UK intergovernmental agreement
Although the regulations are still in draft form and are expected to be finalized later this summer, the updated guidance provides clarity for businesses preparing to comply with FATCA on 1 January 2014. (May 2013)
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What is FATCA?
Get an overview of the provisions outlined in FATCA and use our interactive timeline to see key dates in the implementation process.
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Complying with FATCA: eleven key challenges
Learn how banks and other financial institutions can effectively address FATCA's most critical challenges before the rules take effect in early 2013.
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Learn how we can provide answers and guidance through a pragmatic and cost-effective approach to FATCA implementation.
FATCA impact
Impact of final FATCA regulations on the asset management industry
With final FATCA regulations now released, learn how they affect the industry and what firms need to focus on for the remainder of 2013.
Final FATCA regulations refine definitions and provide relief for insurance companies
In this alert, learn which four changes in the final regulations have the broadest implications for the insurance industry. (January 2013)
Does FATCA apply to your life insurance business?
Many financial institutions are asking if FATCA applies to them -- and if so, what are the compliance requirements? Get the answers to common FATCA questions.
FATCA and insurance: the saga continues
New guidance brings answers and questions for the insurance industry.
FATCA: new definitions, classifications, rules, ideas
Understand FATCA's impact on the banking, insurance and asset management industry.