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“Canada is expected to defend the constitutional rights and freedoms of its citizens and not bargain them away or capitulate to threats from a foreign bully state.” say Plaintiffs Gwen and Kazia in 12/13/2018 Canada Federal Court FATCA submission — Plaintiffs go to court January 28, 2019 and will ask for your support, later, for the appeal costs

cross-posted from Brock by Stephen Kish …and Plaintiffs go on to say: “The notion that a foreign state could indirectly cause the violation of a Charter right in circumstances where Canada could not do so directly simply cannot be accepted. This is a deeply illiberal proposition and it would undermine the principle of the rule…

Part 27 – While addressing some Sec. 965 @USTransitionTax concerns, there is NO EVIDENT CONCERN from @WaysandMeansGOP ‏for the injustice inflicted on Americans abroad

cross-posted from citizenshipsolutions Introduction – “Indifference being the worst form of abuse” https://twitter.com/ExpatriationLaw/status/1068157453974585344 A quick summary of this post: On November 26, 2018 the House Ways and Means Committee under the leadership of Chairman Brady announced a bi-partisan bill which contains a number of “Technical Fixes” to the December 22, 2017 Tax Cuts and Jobs…

Part 25 – Reflections on the “S Corporation” exemption to the Sec. 965 @USTransitionTax – Hat Tip to @SCorpAssn Part C

cross-posted from citizenshipsolutions Part A is here Part B is here continued from Part B: 5. Why most Americans abroad are like most small business owners in America (and presumably should have similar tax treatment from a U.S. perspective) It’s simple. The vast majority of Americans abroad who carry on business through Canadian Controlled Private…

What if Meghan Markle’s child is born a U.S. citizen? Would the child have any immediate tax and information reporting requirements to the IRS?

-posted from Quora John Richardson Toronto lawyer: FATCA U.S. tax + renunciation of citizenship CitizenshipSolutions John Richardson, Lawyer (1982-present) Answered Mon     What if Meghan Markle’s child is born a U.S. citizen? Would the child have any immediate tax and information reporting requirements to the IRS? I note that the question (1) assumes that…

Part 25 – Reflections on the “S Corporation” exemption to the Sec. 965 @USTransitionTax – Hat Tip to @SCorpAssn (Part B)

cross-posted from citizenshipsolutions Part A is here . 1. What exactly is an S Corporation? An “S corporation” is a corporation which elects a specific kind of tax treatment under the Internal Revenue Code. It is NOT a type of corporation. Rather it is the “tax treatment” used by a corporation. (A corporation can be…

John Richardson and Monte Silver: The Sec. 965 Transition Tax & Sec. 951A GILTI Taxes – Next steps

https://www.youtube.com/watch?time_continue=14&v=nl-NH_oyUEs The US wants to “raise funds” by imposing taxation on the undistributed earnings of Canadian Controlled Private Corporations. Lawyer Monte Silver needs to “raise funds” to stop them. You can help! this section cross posted from Brock A message from one Canadian resident … https://twitter.com/suzanneherman1/status/1062494561199509504 When life is stranger than fiction … https://twitter.com/USCitizenAbroad/status/1062589827659558912 It’s…

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