Jim Bopp, Jr. (lead litigator on the Repeal FATCA lawsuit) and Sen. Mike Lee traveled to four European cities on a FATCA fact-finding mission. They heard about the harm that FATCA is causing to overseas Americans.
Republicans Overseas drafted and submitted to the House Ways and Means Committee a proposal to repeal FATCA and replace CBT with Residence Based Taxation (now referred to as ‘Territorial Taxation for Individuals).
The Republicans Overseas FATCA Hearing team and some of the witnesses spent the whole day on April 25th making the rounds on Capitol Hill to talk about the damage and unconstitutionality of FATCA and FATCA Lite (i.e. Same Country exemption) before the House hearings on April 26th.