OVER TREATMENT OF AMERICANS WHO BANK ABROAD.
From the banks’ point of view, the unwillingness to open accounts for U.S. citizens (and in some cases to allow them to keep their existing accounts) is easy to understand. The compliance rules imposed by FATCA are extremely onerous, time consuming, and expensive to implement.
From the point of view of America, however, FATCA is making it difficult for U.S. citizens to do business abroad.
Koskinen. The epitome of an arrogant prick.
They need to get more than sued.
Taxpayers sued.
FIFY