Foreign Account Compliance Tax Act
I spoke at FreedomFest in Las Vegas… in July… yes, know my pain. On my way out from my talk my dear friend Richard Rahn, (the infamous one-eyed economist) grabbed me and introduced me to the lovely Emerald Robinson so that we could talk about the recently enacted Foreign Account Compliance Tax Act aka FATCA and its impact on expats as I split my time between the U.S. and Europe.