Relevant for the victims of inappropriate US legislation (FATCA and Citizenship-Based Taxation): on 27 September 2022 the Treasury Inspector General For Tax Administration reported:
Cloud Services Were Implemented Without Key Security Controls, Placing Taxpayer Data at Risk’
The full report is to be found here.
It shows that the U.S. is a developing country in terms of fundamental rights, such as data protection.
noyb, the data protection NGO led by Max Schrems wrote on the new New Transatlantic Data Agreement:
“It seems that there is still an attitude in the US that non-Americans don’t deserve basic rights”
read noyb’s twitter post in German:
💬 Neues transatlantisches Datenabkommen: „Wie es aussieht herrscht in den USA noch immer die Einstellung, dass Nicht-Amerikaner:innen keine Grundrechte verdienen.“
➡ Wir haben mit dem ORF darüber gesprochen: https://t.co/019d8e8bHZ pic.twitter.com/bGh1E9IhQr
— noyb (@NOYBeu) October 3, 2022
The Dutch Accidental Americans Group (Nederlandse Accidental Americans groep) on 30 September 2022 has informed the Dutch Data Protection Authority (Autoriteit Persoonsgegevens) regarding the report.
— Ellen Timmer (@Ellen_Timmer) October 3, 2022
Background CBT/FATCA: US law causing problems for its citizens
The US has a different system of taxation from all other countries in the world, ‘Citizenship-Based Taxation’ (CBT), read my introduction in Dutch on FATCA and several articles in English, e.g.
- FATCA-report of the delegation of the European Parliament, visiting the US, 1 September 2022
- The tax and compliance rules the US slaps on its own expats | FATCA, FBAR, 27 August 2022.
- European fundamental rights pretentions and sour reality, 1 December 2021
- Fundamental change to international tax rules should include abolishment of Citizen Based Taxation | FATCA, financial fundamental rights, Europe, 23 April 2021