Survey results on consequences of FATCA for Americans living overseas

Americans Abroad Global Foundation (ACAGF), in conjunction with the University of Nevada, recently released results on a new study (August 2015) finding that most Americans overseas feel the Foreign Account Tax Compliance Act (FATCA) negatively impacts their professional pursuits and that compliance is over-burdensome. The majority of respondents’ perception was consistent with the sentiment that the US government is not concerned about the impact of FATCA on its citizens living abroad.  Read more...