citizenshiptaxation

ENFORCING THE EXIT TAX AGAINST EXPATRIATES: CALIFORNIA STATE BAR RECOMMENDS CHANGE

Excerpted from ENFORCING THE EXIT TAX AGAINST EXPATRIATES: CALIFORNIA STATE BAR RECOMMENDS CHANGE by Joseph R Viola December 8, 2017 This piece is a report of an article by Helen S. Cheng and Dina Y. Name of Withers Bergman LLP by was originally published in the November 13, 2017 issue of Tax Notes. Here isContinue reading “ENFORCING THE EXIT TAX AGAINST EXPATRIATES: CALIFORNIA STATE BAR RECOMMENDS CHANGE”

Why Is Bank of America Asking Clients About Their Citizenship?

from The Nation Interesting that FATCA, which predates CRS is not mentioned here.If the U.S. were interested in reciprocity, wouldn’t this be the focus? In fact, this is not FATCA or CRS. It is plain and simple discrimination. If the U.S. continues making the U.S.an unwelcome place for immigrants, we may no longer have toContinue reading “Why Is Bank of America Asking Clients About Their Citizenship?”

Ending U.S. Citizenship-Based Taxation

Panel discussion with John Richardson, Solomon Yue, Olivier Wagner and Jim Gosart.

Former Hamilton school superintendent pleads guilty to forging documents to get his children US citizenship

https://twitter.com/TriciaMoon21/status/1030567543013027840 Just a little something likely to amuse many expats Really, it boggles the mind……..would appear nothing further reached the Consulate. Those kids don’t know how lucky they are! Excerpts: Patrick Rocco’s case, which the judge called “puzzling,” leaves loose ends that Thursday’s court proceeding failed to answer. Topping the list is whyContinue reading “Former Hamilton school superintendent pleads guilty to forging documents to get his children US citizenship”

Live Interview with Solomon Yue – Tweet Your Questions, Ideas in Advance!

http://www.thatchannel.com Can't make "Live Toronto Event" to discuss end of @citizenshiptax https://t.co/pk6PVMNAKc? @Expatriationlaw interviews @SolomonYue LIVE: Friday Aug. 17 – 11:00 a.m. EST (Toronto) – VIEW it @thatchannel anywhere in the world! Tweet questions to @expatriationlaw in advance and RT! pic.twitter.com/bWFBBPv2Zz — John Richardson – Counsellor for US persons abroadContinue reading “Live Interview with Solomon Yue – Tweet Your Questions, Ideas in Advance!”

Reminder – Solomon Yue Visits Toronto

A LIGHT AT THE END OF THE TUNNEL OR ANOTHER ONCOMING TRAIN: THE POSSIBLE END OF U.S. CITIZENSHIP-BASED TAXATION Solomon Yue, CEO of Republicans Overseas will present publicly shareable information about the TTFI bill, and discuss its progress as it journeys through the legislative process. He will beContinue reading “Reminder – Solomon Yue Visits Toronto”

So, you have received bank letter asking about your tax residence for CRS or FATCA – A @taxresidency primer – Part 4 -Conclusion

cross-posted from citizenshipsolutions.ca Part F – A “U.S. citizen” cannot use a “tax treaty tie breaker” to break U.S. “tax residence”. How then does a “U.S. citizen” cease to be a “U.S. tax resident”? Q. I am a U.S. citizen. I do not live in the United States. I live in Canada. I am aContinue reading “So, you have received bank letter asking about your tax residence for CRS or FATCA – A @taxresidency primer – Part 4 -Conclusion”

So, you have received bank letter asking about your tax residence for CRS or FATCA – A @taxresidency primer – Part 3

cross-posted from citizenshipsolutions.ca Part D – Different definitions of “tax residence” – Not all countries define “tax residence” in the same way Q. What is the criteria that different countries use to define who is a “tax resident” of the country? A. The circumstances that constitute “tax residence” will differ from country to country. GenerallyContinue reading “So, you have received bank letter asking about your tax residence for CRS or FATCA – A @taxresidency primer – Part 3”

So, you have received bank letter asking about your tax residence for CRS or FATCA – A @taxresidency primer Part 2

cross-posted from citizenshipsolutions.ca Part B – The Combined FATCA/CRS Letter This letter is particularly worrisome for Canadian residents (whether Canadian citizens or not) who were either born in the United States or are (otherwise) U.S. citizens or U.S. permanent residents (AKA Green Card Holders). Could this mean that they would be required to apply forContinue reading “So, you have received bank letter asking about your tax residence for CRS or FATCA – A @taxresidency primer Part 2”