cross posted from citizenshipsolutions.ca I recently engaged in a discussion with people who are worried that they might be “U.S. Persons” living in Australia. Their primary concern (and understandably so) is the possible U.S. taxation of their Australian Superannuations. For many, the “Super” is considered to be their most important retirement planning asset. In aContinue reading “US Taxation of the Australian Superannuation? – No, #DontMessWithTheSuper!”
Author Archives: citizenshiptaxation
FATCA is NOT about PROTECTING America’s Tax Base
FATCA is NOT about PROTECTING America’s Tax Base.FATCA is about EXPANDING America’s Tax Base into the Economies of Other Nations Yesterday an article made the rounds with an interesting idea; THE ONLY REFUGEES WHO SHOULD BE ENTERING THE UNITED STATES ARE THE AMERICAN REFUGEES WHO FLED OBAMA’S AMERICA…. WE HAVE THAT DUTY TO OURContinue reading “FATCA is NOT about PROTECTING America’s Tax Base”
The U.S. Saving Clause Facilitates the Expatriation Tax in 877A
What is evident is that our governments do not understand the effects of citizenship-based taxation. They did not believe us when we told them it was not just an issue of possibly not owing annual income tax. They did not believe us when we told them our tax-deferred accounts would be taxed. They didContinue reading “The U.S. Saving Clause Facilitates the Expatriation Tax in 877A”
The Wisdom of Countries that Welcome Diversity
Surprising number of foreign students r Muslim -universities could see revenues shrink if students r barred https://t.co/2SnTZxTN8i pic.twitter.com/SBCf3SgPZJ — Patricia Moon (@nobledreamer16) January 29, 2017 //platform.twitter.com/widgets.js Recently I received a paper from an expat in Australia-it is a submission to the Ways and Means Committee. I am very impressed with it and shortly thereafter cameContinue reading “The Wisdom of Countries that Welcome Diversity”
The Devil is in the Details When it Comes to the U.S. Exit Tax
reposted from isaac brock society The Devil is in the Details When it Comes to the U.S. Exit Tax https://t.co/AtPCAdrkNK pic.twitter.com/2RiJ56jbON — Citizenship Taxation (@CitizenshipTax) January 20, 2017 //platform.twitter.com/widgets.js A very interesting discussionabout the Exit Tax has been taking place at Brock this week. In particular, the comment below from USCitizenAbroad highlights someContinue reading “The Devil is in the Details When it Comes to the U.S. Exit Tax”
Accidental Americans (And Others): Do Nothing!
reposted from MapleSandbox by Lynne Swanson #FATCA Americans overseas: Do NOT allow US tax pros scare u into entering US tax system. Many have no business entering! — Keith REDMOND (@kredmond_global) January 19, 2017 //platform.twitter.com/widgets.js Backing up the above tweet, Keith Redmond posted the following on Facebook: Dear Members: I just had a lengthy,Continue reading “Accidental Americans (And Others): Do Nothing!”
Accidental American “I Live Hell. I Had to Give up my dual Nationality. (i.e., Renounce my U.S Citizenship)”
original article in French HERE reposted from Anmerican Expatriates Facebook Group ACCIDENTAL AMERICAN’: I LIVE HELL. I HAD TO GIVE UP MY DUAL NATIONALITY (I.E. RENOUNCE MY US CITIZENSHIP) Keith Redmond says: Thank you Fabien Lehagre or making sure this injustice stays in the press! The homeland US press refused to report on it. IContinue reading “Accidental American “I Live Hell. I Had to Give up my dual Nationality. (i.e., Renounce my U.S Citizenship)””
A Little More About Treasury’s Disallowment of SCE
Great article by Helen Burggraf regarding Treasury’s denial of ACA’s SCE program. Just a couple of thoughts……… US officials reportedly felt that the potential risk of expat Americans using their “same-country” bank accounts to avoid their US tax obligations was ultimately too great to be able to grant them such an exemption – in spiteContinue reading “A Little More About Treasury’s Disallowment of SCE”
“All Roads Lead To Renunciation” – #FATCA Same Country Exemption Edition
cross-posted from issacbrocksociety.ca Final indignity perpetrated by @BarackObama admin: @USTreasury SLAMS DOOR ON SAME CNTRY EXEMPTION 4 #AMERICANSABROAD https://t.co/SbMHP8IZZX — U.S. Citizen Abroad (@USCitizenAbroad) January 4, 2017 You can read it at the Americans Citizens Abroad site. Highlights include: In denying the request for SCE, the Treasury Department’s final FATCA regulations focused solely onContinue reading ““All Roads Lead To Renunciation” – #FATCA Same Country Exemption Edition”
December 22 2016 Update on Canadian FATCA IGA lawsuit — Moving closer to the Charter-Constitutional trial
cross-posted from isaacbrocksociety.ca This is a new update with some timelines from the Canadian Federal Court showing what has to be done before we know the Charter-Constitutional trial date (taking place next year). In part, there will be motions and responses related to differences of opinions as to what documents and information have to beContinue reading “December 22 2016 Update on Canadian FATCA IGA lawsuit — Moving closer to the Charter-Constitutional trial”
Citizenship Taxation 