FBAR/FATCA Task Force meeting with regulators yields valuable feedback
During the 2014 Democrats Abroad Congressional door knock, the FBAR/FATCA Task Force scheduled a comprehensive slate of meetings with regulators and legislators in order to advance our recommended reforms to the law’s implementation rules. Meetings included the following groups: Congress’ Joint Committee on Taxation; the Senate Committee on Finance; the IRS; the IRS’s National Taxpayer Advocate; the Department of Treasury; the General Accountability Office; and myriad Congressmen including Senators sitting on the Senate Finance Committee Carl Levin, Bob Casey, Bill Nelson, Bob Menendez and Ben Cardin and ranking Democrats on the House Ways & Means Committee Sandy Levin and Charlie Rangel.
