Update from BB / Bubblebustin Those in Canada who are potentially affected by the Transition/Repatriation Tax (or not but care about Canada’s sovereignty) need to contact their government representatives and Ministers. As suggested by our MP’s office, start with: Your Member of Parliament, and Minister of Foreign Affairs, chrystia.freeland@parl.gc.ca, House of Commons Ottawa, Ontario K1AContinue reading “Be on the Lookout! Bubblebustin to be on CBC The National- on the #TransitionTax”
Author Archives: citizenshiptaxation
Outstanding new resource on FATCA, CBT, etc. by Andrew Grossman
A new resource on all the issues faced by expats, #AmericansAbroad, #AccidentalAmericans, #US persons, et al: FATCA: Citizenship-Based Taxation, Foreign Asset Reporting Requirements and American Citizens Abroad By Andrew Grossman I don’t think there is anything else which is so extensive or thorough. This is brilliant research and gives reference to many, manyContinue reading “Outstanding new resource on FATCA, CBT, etc. by Andrew Grossman”
The “Pax Americana” to the “Tax Americana”: How the USA is imposing a separate, punitive tax regime on “nonresidents”
cross-posted from storify The “Pax Americana” to the “Tax Americana”: How the USA is imposing a separate, punitive tax regime on “nonresidents” “Tax Colonization by exporting the Internal Revenue Code to other countries“ by John Richardson [View the story “The “Pax Americana” to the “Tax Americana”: How the USA is imposing a separate, punitive taxContinue reading “The “Pax Americana” to the “Tax Americana”: How the USA is imposing a separate, punitive tax regime on “nonresidents””
If you Decide to Comply, DON’T choose a Homelander Tax Compliance Professional
I was very surprised to receive the following email on Friday evening. I cannot recall ever getting anything like this before. I will not identify the author because it is not proper to publicly share an email without the permission of the sender. It is not anyone I have ever heard of before and IContinue reading “If you Decide to Comply, DON’T choose a Homelander Tax Compliance Professional”
Part 9-2: Responding to the Sec. 965 “transition tax”: From the “Pax Americana” to the “Tax Americana” (cont)
This is a continuation of the post “Part 9: Responding to the Sec. 965 “transition tax”: From the “Pax Americana” to the “Tax Americana” cross-posted from citizenshipsolutions by John Richardson The first portion of the post was published here. Links to the first eight posts in my “transition tax” series are listed at theContinue reading “Part 9-2: Responding to the Sec. 965 “transition tax”: From the “Pax Americana” to the “Tax Americana” (cont)”
Part 9-1: Responding to the Sec. 965 “transition tax”: From the “Pax Americana” to the “Tax Americana”
cross-posted from citizenshipsolutions by John Richardson Part 9: Responding to the Sec. 965 “transition tax”: From the “Pax Americana” to the “Tax Americana” Q. What do #MeghanMarkle and the @USTransitionTax have in common? A. They are two news items of 2018 that will draw attention to U.S.Continue reading “Part 9-1: Responding to the Sec. 965 “transition tax”: From the “Pax Americana” to the “Tax Americana””
Part 8: Responding to the Sec. 965 “transition tax”: This small business thought it was saving to invest in business expansion – Wrong, they were saving to be robbed by America!
by John Richardson RT: The USA Must stop imposing "worldwide taxation" on any individual who has @taxresidency in another country and does not live in the USA. This is NOT a partisan issue. ALL individuals and groups MUST UNITE in achieving this goal! See explanation here – https://t.co/uRbK2IGFX3 — John Richardson – Counsellor for USContinue reading “Part 8: Responding to the Sec. 965 “transition tax”: This small business thought it was saving to invest in business expansion – Wrong, they were saving to be robbed by America!”
How is the IRS levying taxes to renounce US citizenship different from the Berlin Wall?
cross posted from Quora by John Richardson Lawyer (1982-present) President Kennedy at the “Berlin Wall” How would these thoughts on mobility restrictions be viewed in the world of "Exit Taxes" – "JFK speech on wall, democracy and immigration" https://t.co/LpQ83wM6NM via @YouTube — John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) April 9, 2018 https://platform.twitter.com/widgets.jsContinue reading “How is the IRS levying taxes to renounce US citizenship different from the Berlin Wall?”
Canadian #FATCA IGA Litigation Update: Court has fixed Monday January 28, 2019 as trial date
Canadian FATCA IGA Litigation cross-posted from Isaac Brock Society by Stephen Kish Now appears more likely that we will get to trial in January 2019 in our Canadian FATCA IGA enabling legislation lawsuit in Federal Court. The Case Management Judge has just advised: “The hearing of this summary trial motion shall take placeContinue reading “Canadian #FATCA IGA Litigation Update: Court has fixed Monday January 28, 2019 as trial date”
Part 7: Responding to the Sec. 965 “transition tax”: Why the transition tax creates a fictional tax event that allows the U.S. to collect tax where it never could have before
cross posted from citizenshipsolutions by John Richardson Brilliant! @FinMusings explains how @USTransitionTax allows USA to collect tax on income that never would have resulted in U.S. tax payable! By changing timing and "frontrunning" USA creates a "fictional event" to tax CDN income before Canada can tax it! https://t.co/hnDu6x7y5K — John RichardsonContinue reading “Part 7: Responding to the Sec. 965 “transition tax”: Why the transition tax creates a fictional tax event that allows the U.S. to collect tax where it never could have before”
Citizenship Taxation 