EU members of Parliament who participated in a just-ended, week-long "fact-finding mission" aimed at finding "concrete solutions" to the FATCA-related problems hundreds of thousands of EU citizens are struggling with, have described, in initial comments mostly posted on social media, how successful their visit seems to have been.

A bill that would establish an exemption to FATCA for U.S. citizens living and working outside of the U.S. has failed to be included as an amendment to the National Defense Authorization Act, according to reports. 

New York Democratic Representative Carolyn Maloney has formally re-submitted a bill that would establish an "exemption" to FATCA for U.S. citizens living and working outside of the U.S. – but this time, as an amendment to the National Defense Authorization Act. 

Dutch Tax Affairs and Tax Administration secretary Marnix van Rij said on Wednesday that he plans to ask – for a second time – that the country's data protection authority, known as the Autoriteit Persoonsgegevens, or AP, revisit the U.S. tax law known as FATCA, in view of significant data protection concerns that were first raised in 2020 by the European Court of Justice's striking down of the main mechanism that EU member states have traditionally relied on to protect the personal data of their citizens.

Around 26% of some 3,200 American expats living in 121 countries around the world say they are either definitely "planning to renounce" their U.S. citizenships or are "seriously considering" doing so – with most citing the tax issues they, as U.S. expats, are obliged to deal with as the reason, according to  summary of the findings of Greenback Expat Tax Services' latest annual survey.

Following on from a written commitment made back in February by France's economy minister, Bruno Le Maire to the head of a France-based "accidental American" advocacy group – in which Le Maire stated that issues relating to the American law known as FATCA would be a priority during France's six-month Council of the European Union presidency, which began in January – a debate on the subject is now scheduled to take place in the Dutch House of Representatives (known as the Tweede Kamer) next week.

U.S. Treasury officials meeting last week with representatives of the French Presidency of the Council of the European Union (PFUE) have been said to "welcome" an EU proposal that would address the major problems so-called "accidental American" EU citizens have been having in trying to obtain and keep bank accounts in their home countries, due to these banks' efforts to comply with the 2010 U.S. tax evasion-prevention law known as FATCA.

A meeting to discuss possible ways of resolving the problem that thousands of so-called "accidental Americans" living in Europe have been having in keeping their EU bank accounts from being closed is scheduled to take place today between officials from the office of the EU Council president and representatives of the U.S. Internal Revenue Service.

In 2015, just as non-U.S. banks and financial services entities around the world began complying with the U.S. tax evasion prevention law known as FATCA – and in so doing, kicked off a tax-reporting nightmare for U.S. expats that continues – the U.S. Internal Revenue Service closed the last four of its overseas offices, citing an unavoidable need to cut costs... 

Campaigners over the way the U.S. tax evasion-prevention law known as FATCA is being enforced throughout Europe have begun writing to EU officials – and making this  correspondence public – to ask why it's taking so long for the EU to respond to questions formally raised more than a year ago over FATCA's compatibility with EU data protection regulations.