PUBLIC SUBMISSION

As of: 1/15/21 2:08 PM
Received: January 15, 2021
Status: Non_Public
Tracking No. kjy-kh0v-v4gy
Comments Due: January 15, 2021
Submission Type: Web

Docket: FINCEN-2020-0013
Agency Information Collection Activities; Proposed Renewal; Comment Request; Renewal Without Change of Reports of Foreign Financial Accounts Regulations and FinCEN Report 114, Report of Foreign Bank And Financial Accounts

Comment On: FINCEN-2020-0013-0001
Agency Information Collection Activities; Proposals, Submissions, and Approvals: Renewal Without Change of Reports of Foreign Financial Accounts Regulations and FinCEN Report 114, Report of Foreign Bank and Financial Accounts

Document: FINCEN-2020-0013-DRAFT-0065
Comment on FR Doc # 2020-25216


Submitter Information

Name: Anonymous Anonymous
Email: Pastbeyond66@gmail.com

General Comment

US tax laws applying to non-residents are not only immoral but causing great harm to both US citizens abroad and US itself. Along with negative cost/benefit ratio to US, US is losing the soft power good-will of its own diaspora, has limited ability of Americans to compete in global economy, has destroyed freedom to leave US and financially survive.

FBAR / FATCA/ taxation when applied to US residents makes sense, there is zero justification when applied to non-residents.