CANADIANS FIGHT BACK AGAINST CONSERVATIVE TAX SNOOPING LAW: New lawsuit challenges Conservative FATCA Implementation
August 13th, 2014 - 12:45pm
A Conservative attempt to impose invasive US tax laws on Canadians has hit a snag as a group of citizens have filed a lawsuit in the Federal Court alleging that the legislation is unconstitutional. Charlie Angus says he has heard many concerns from constituents about this invasive law.
"The fundamental role of any government is to protect its citizens. In the case of FACTA the government were willing to abandon tens of thousands of Canadians -- many of whom have never lived in the US or who left decades ago."
The lawsuit, filed yesterday in Federal Court by the Alliance for the Defence of Canadian Sovereignty, seeks to overturn the Foreign Account Tax Compliance Act (FATCA) implementation legislation and prevent the handing over of personal financial information of up to a million Canadians to the IRS.
“We heard very clearly that this law would harm the privacy of a million Canadians and was likely unconstitutional” said NDP National Revenue Critic Murray Rankin (Victoria). “New Democrats repeatedly moved to block its passage and avoid the legal mess the Conservatives have now put themselves in.”
Rankin says the Conservatives ignored expert warnings and pushed through this bad legislation. “To add insult to injury, they will no doubt spend taxpayer money defending their invasive tax snooping in the courts.”