Jack Lew accuses EU of "Reaching into US Tax Base"

Apple Penalty is Tax Overreach: Claims Jack Lew, Dept. of Treasury. How ironic... 9.8M Americans agree...that tax overreach is bad. Too bad Jack Lew can't see where it's coming from.

MFs, banks lobby for extension of 31 August FATCA deadline

Looks like India's financial institutions are in a panic to sell-out their dual-citizens.

MFs, banks lobby for extension of 31 August FATCA deadline

The extension sought is backed by the rationale that massive investments face the risk of being temporarily locked-out until account-holders adhere with the FATCA rules.

Evidently the financial institutions are now in a panic and they're wanting the US to hold off their August 31, 2016 FATCA Deadline.