cross posted from Be careful what you “fix for”! A Holiday Gift: What to do about the unfiled #FBAR UPDATED WEDNESDAY JANUARY 4, 2017 Part 6 – Getting help with “fixing your compliance problem”: “The smaller the step taken, the bigger the result” Some tax professionals: – believe that compliance problems should presumptively beContinue reading “Be careful what you “fix for”! A Holiday Gift: What to do about the unfiled #FBAR”
Author Archives: citizenshiptaxation
Tax residency vs. physical presence: The four questions you must ask before making a country your home
cross posted from citizenshipsolutions An introduction to “tax residency” … Most people equate residency with physical presence. They assume that where you are physically presence determines where you live. They further assume that where you live is where you pay your taxes. Conclusion: The country where you live is the country where you must beContinue reading “Tax residency vs. physical presence: The four questions you must ask before making a country your home”
UPDATE: Canadian Charter Trial Moves Forward…..Slowly
cross posted from the Isaac Brock Society This is an update on our Canadian FATCA IGA lawsuit — just to let you know that the lawsuit is alive and is moving forward, slowly. Today our litigators and the Government attorneys met with a Case Management Judge to resolve differences. The good news is thatContinue reading “UPDATE: Canadian Charter Trial Moves Forward…..Slowly”
Wives & Girlfriends as Sacred Vows OR How Your Marital Vows Could Deprive the Treasury Department Its Due
Given the trend of governments requiring their citizens and residents to report nearly everything (even Russia has now begun to require duals to register their 2nd citizenship), it’s amazing no one has come forth with a requirement to file a SpouseBar. Think of the normal approach the U.S. takes to anything foreign. “Alien.” MostContinue reading “Wives & Girlfriends as Sacred Vows OR How Your Marital Vows Could Deprive the Treasury Department Its Due”
Living As a U.S. Citizen in a #FATCA and #FBAR World
Here is the video of the meeting that took place this past Monday, December 5, 2016 at the Atwater Library in Montreal. Once again, John Richardson and Andrew Grossman meet up to discuss, analyze and muse over the situation expats find themselves thanks to the complexity to the U.S. tax code. Bizarre! Super thanks toContinue reading “Living As a U.S. Citizen in a #FATCA and #FBAR World”
“Solving U.S. Citizenship Problems” – Online January 9, 2017 (Australia)
Information Session Of particular interest is the issue of the Australian “Super.” While all expatriates worldwide experience country-specific problems, this one is perhaps one of the worst. By law, Australians are required to contribute to their own retirement; this system is unique among government-sponsored retirement planning. Why on earth should the U.S. be able toContinue reading ““Solving U.S. Citizenship Problems” – Online January 9, 2017 (Australia)”
IRS Claims Statutory Authority for FATCA Agreements Where no Such Authority Exists
The US has spent decades maximizing the power of the presidency and eroding most limits on executive power. These are the fruits of that: https://t.co/iBLfBxP2As — Glenn Greenwald (@ggreenwald) November 23, 2016 //platform.twitter.com/widgets.js A lot of discussion has taken place recently as to what (if anything) might happen with FATCA & the IGAs givenContinue reading “IRS Claims Statutory Authority for FATCA Agreements Where no Such Authority Exists”
Now’s the Time – Here’s What They Promised – Let’s Hold Them to It
UPDATE SUNDAY NOVEMBER 13, 2016 REINCE PRIEBUS CHOSEN TO BE PE TRUMP’S CHIEF OF STAFF EXCERPTS: WASHINGTON — President-elect Donald J. Trump on Sunday chose Reince Priebus, the chairman of the Republican National Committee and a loyal campaign adviser, to be his White House chief of staff, turning to a Washington insider whose friendship withContinue reading “Now’s the Time – Here’s What They Promised – Let’s Hold Them to It”
US Intention to Pursue Enforcement in Spite of Foreign Law
cross posted from the Isaac Brock Society US 2 Pursue Enforcement in Spite of Foreign Laws-"OUR interest..substantially outweighs.. https://t.co/NcOtApc8SQ Who r they 2 decide? — Patricia Moon (@nobledreamer16) November 5, 2016 //platform.twitter.com/widgets.js Philadelphia Tax Conference Wednesday, November 2, 2016: “We will pursue enforcement of a Bank of Nova Scotia summons when a domestic entity hasContinue reading “US Intention to Pursue Enforcement in Spite of Foreign Law”
Solving U.S. Citizenship Problems-with special guest Andrew Grossman Montreal Monday December 5, 2016
A very special meeting for “U.S. Born People” or those who are otherwise “U.S. Persons” !(Naturalized U.S. citizens or Green Card holders) Joining John Richardson will be Andrew Grossman Discussing the “hot topic” of U.S. citizenship (including its liabilities in a FATCA and FBAR world) In addition to focusing on the problems faced by thoseContinue reading “Solving U.S. Citizenship Problems-with special guest Andrew Grossman Montreal Monday December 5, 2016”