citizenshiptaxation

Why is the United States imposing full U.S. taxation on the Canadian incomes of Canadian citizens living in Canada?

Cross-posted from citizenshipsolutions by John Richardson This is post is “based on” (not identical to) one of two submissions that I submitted in response to Senator Hatch’s request for submissions regarding tax reform. __________________________________________________________ Why is the United States imposing full U.S. taxation on the Canadian incomes of Canadian citizens living in Canada? The InternalContinue reading “Why is the United States imposing full U.S. taxation on the Canadian incomes of Canadian citizens living in Canada?”

2017 Residence Based Taxation Request To Chairman Hatch

cross-posted from TaxConnections Blog SPECIAL REQUEST – PLEASE GO TO TAX CONNECTIONS & COMMENT THERE THE SITE IS WIDELY READ BY TAX PROFESSIONALS AND WE SHOULD LET THEM KNOW WHAT WE THINK ABOUT THIS by John Richardson It’s tax reform season and Senator Orrin Hatch wants to hear from you (again). As reported on theContinue reading “2017 Residence Based Taxation Request To Chairman Hatch”

Australian Greens Senator @LarissaWaters resigns because of her CANADIAN place of birth

[View the story “Australian Greens Senator @LarissaWaters resigns because of her CANADIAN place of birth. Too bad she was born in Canada” on Storify]

If You Want Your Country to Treat You as Her Own, Stop Telling Her You are “American”

The following two comments appeared on a post at Isaac Brock “Refreshing: @SophieintVeld calls EU answer to plight of #AccidentalAmericans “bullshit” Perhaps one of the difficulties countries experience, that of “standing up to the United States” could be mitigated if citizens and residents of those countries stopped calling themselves “Americans.” Certainly if one does NOTContinue reading “If You Want Your Country to Treat You as Her Own, Stop Telling Her You are “American””

Call for Information Regarding Lack of U.S. Reciprocity #FATCA

I’ve received a request from our fellow expats-in-peril Association des Américains Accidentels to search for documents to help them in their litigation. As of this week, we have hired a lawyer to get a legal opinion re: FATCA. One of the angle we are pursuing is non reciprocity. Under the French Constitution (article 55) aContinue reading “Call for Information Regarding Lack of U.S. Reciprocity #FATCA”

My tax professional told me my “non-U.S. mutual fund is a #PFIC!

cross-posted from Expatriation Law – Storify [View the story “My tax professional told me my “non-U.S. mutual fund is a #PFIC! What is a #PFIC and what do I do?” on Storify]

When government turns predator

This was the very first post at the Isaac Brock Society, published there on December 10, 2011 by the founder of Brock, Petros. At the time, there was outright terror in the expat community. Horror stories from the 2009 OVDP were coming out. Threats from Shulman (then IRS Commissioner), the media and primarily, theContinue reading “When government turns predator”

U.S. “culture of penalty” and inflation: First, inflation used to first increase the size of #FBAR penalty base and then increase the size of actual penalties

cross-posted from citizenshipsolutions blog written by John Richardson Introduction: Penalty as a part of American Culture "U.S. tax, form and penalty club": Google "IRS penalty as part of American culture" and see a wide range of results https://t.co/eR0QTZ2sOH — John Richardson – Counsellor for US persons abroad (@ExpatriationLaw) June 25, 2017 The above tweet linksContinue reading “U.S. “culture of penalty” and inflation: First, inflation used to first increase the size of #FBAR penalty base and then increase the size of actual penalties”

FBAR In The Homeland: The Willful FBAR Penalty Requires Proof

FBAR In The Homeland: The Willful FBAR Penalty Requires Proof https://t.co/d8ddsDYwd7 via @taxconnections – Pomerantz chronicles continue — Citizenship Lawyer (@ExpatriationLaw) June 21, 2017 //platform.twitter.com/widgets.js Published by Tax Connections Blog 21 Jun 2017 Posted in FBAR Written by John Richardson This is one more in a series of posts discussing the FBAR rules.Continue reading “FBAR In The Homeland: The Willful FBAR Penalty Requires Proof”

#FEARBar (“Foreign Email Account Report”) update – All indications lead to reporting #offshore email accounts

Cross posted from the Renounce U.S. Citizenship blog. FEARBar – “Foreign Email Account Report” – #Offshore email reporting – coming to an informatio… https://t.co/uyufo1vZcf via @USCitizenAbroad — U.S. Citizen Abroad (@USCitizenAbroad) June 22, 2017 The above tweet references a post written four years ago in June of 2013. The post predicted that at some pointContinue reading “#FEARBar (“Foreign Email Account Report”) update – All indications lead to reporting #offshore email accounts”