EU Council's Kreienbaum, to IRS Commissioner Rettig: We need to talk about FATCA
The head of the German Presidency of the EU has written a strongly-worded letter to the head of the U.S. Internal Revenue Service on the subject of the U.S. law known as FATCA, and what he calls "the continuing challenges EU residents with U.S. citizenship are encountering in connection with the application of the FATCA – Exchange of Information under Intergovernmental Agreements (IGA) by the the EU Member States."