(Washington, D.C.) – A coalition of 23 taxpayer protection and grassroots organizations sent a letter today urging Congressional leadership to include repeal of the Foreign Account Tax Compliance Act (FATCA) as part of comprehensive tax reform. Co-authored by the Center for Freedom and Prosperity and the Campaign to Repeal FATCA, the letter highlights the path of destruction that FATCA has carved through the international financial sector.
Link to Repeal FATCA letter:
http://freedomandprosperity.org/files/2017-FATCA_repeal_coalition_ltr.pdf
The letter makes 5 key points: