Quote:
Originally Posted by JSWolf
The problem as I see it is the EU is trying to force it's will on sites & people who are not in the EU. The EU is overreaching it's authority and that needs to stop.
|
I suppose you haven't heard of FATCA, the "Foreign Account Tax Compliance Act"? That's a US law which forces financial companies around the globe to invest vast sums in procedures and IT in order to identify US citizens and companies owned by US citizens for the purpose of levying US taxes and reporting these people and their companies to the IRS.
That's just one of the laws the US forces on other countries.
Yet for many posters from the US things are fine and dandy when done by the US, while they turn into an intolerable outrage the very moment they are done by anyone else.