European Parliament: PETI Fact Finding Mission FATCA [2]

Around an hour ago the PETI committee published the following press release on its FATCA-visit:

FATCA: MEPs discuss tax information exchange laws in Washington, D.C.
Press Releases PETI 1 hour ago

A delegation of MEPs from the Petitions Committee will travel to Washington, D.C. on 18 July to discuss the Foreign Account Tax Compliance Act (FATCA) and its impacts in the EU.
During their four-day visit to the United States capital, the MEP delegation from the Petitions Committee will discuss tax policy and raise awareness of the current situation with key stakeholders. They will meet with the EU Ambassador to the U.S. Stavros Lambrinidis; U.S. Representatives sponsoring the bill “Overseas Americans Financial Access Act“, currently being examined by Congress; officials at the U.S. Department of Treasury and Internal Revenue Service; and academics, NGOs and other stakeholders in the field of tax policy.

MEPs participating in the mission:
Yana TOOM (Renew, ET) – Head of Delegation
Cristina MAESTRE MARTÍN DE ALMAGRO (S&D, ES)
Ulrike MÜLLER (Renew, DE)
Alexander BERNHUBER (EPP, AT)
Marc ANGEL (S&D, LU)
Kosma ZŁOTOWSKI (ECR, PL)
Mario FURORE (NI, IT)

Background
Several petitions have highlighted issues with the consequences of the Foreign Account Tax Compliance Act (FATCA), the US law on international tax information exchanges. Previously, the Petitions Committee organised a public hearing on the topic and commissioned academic research on the impact of the law.

Over Ellen Timmer, advocaat ondernemingsrecht @Pellicaan

Verbonden aan Pellicaan Advocaten, http://www.pellicaan.nl/, kantoor Rotterdam, telefoon 088-6272287, fax 088-6272280, e-mail ellen.timmer@pellicaan.nl ||| Weblogs: algemeen: https://ellentimmer.com/ || modernisering ondernemingsrecht: http://flexbv.wordpress.com/ ||| Motto: goede bedoelingen rechtvaardigen geen slechte regels
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