On 15 December 2020 a Dutch victim of U.S. extraterritorial legislation (FATCA) filed a petition with the European Parliament.
The petitioner is an Accidental American who is harmed by the U.S. system of Citizen Based Taxation without having any ties to that country (information on this page). Citizen Based Taxation is one of the ways the U.S. is violating the fundamental rights of people that live outside the country.
Europe pretends to protect the human rights of its residents. It is necessary that it is going to take action against unlawful extraterritorial application of unilateral measures by the U.S., as it is doing in regard of sanctions law.
The petition page:
Petition No 1470/2020 by Ronald Ariës (Dutch) on problems with FATCA following a change of bank
Summary title: Petition No 1470/2020 by Ronald Ariës (Dutch) on problems with FATCA following a change of bank
Petition number: 1470/2020
Topics: Fundamental Rights, Pension, Financial Services, Taxation, Consumer Rights
Country: European Union
The petitioner, a pensioner in the Netherlands who changed his bank in November 2018, indicates that he then began to have problems with the Foreign Account Tax Compliance Act (FATCA) and that the Committee on Petitions failed to take any action, despite the fact that the matter had been discussed before it since November 2020. He also refers to Petition No 1088/2016, which was discussed in committee on 10 November 2020 without, in his view, producing any effective results, like a letter to the German President of the Council requesting an update. He calls for the issue to be put back on the agenda of the US Biden administration and for more to be done than seeking a letter from the EU Presidency.