Warning! USA invading Canada and other countries. be aware if you are an US person living abroad.

[RAFREE]

117. Too bad

I don't think they fully understood the fall out on innocent families. The other thing of note is that it is a U.S. law, not a Canadian law. The U.S. is attempting and succeeding in ignoring our Parliament here. We don't pass laws in Canada and then tell the U.S to abide by them or else. It was hubris for the U.S. to pass this and then impose on other nations in violation of the laws of those nations.

This needs to go back to the drawing board and be amended so it CAN get people actually off shoring while not harming average and low income families abroad sometimes for decades, border babies, seniors in Canada etc.

There are ways. I'm worried the damage being done now. I do trust this will be fixed in the future but, right now it's really targeting the wrong people in the majority of cases. That's too bad. FATCA was hidden in the "Hire" act and sort of shoved through inside it. I doubt it was gone into real detail over.

In fact congress is NOW setting up a commission to study who expats are and how U.S. law impacts them. This is what should have been done BEFORE passing FATCA. That way they can see who should legitimately be targeted and who should not. As it is the data on expats is sorely lacking though ACA has the best available. It's too bad this wasn't better planned out. I thought it sounded good too at first! lol! It's not. It's really screwy to say the least.