The following was written by John Richardson and is a section of a larger piece yet to be published. I will provide the link at the time it is available and of course, have permission to publish this. When I first read this, two things occurred to me. The OVDP/OVDI process represented aContinue reading “Why the proposed transition tax, if applied to individual U.S. shareholders living abroad, is analogous to the “Offshore Voluntary Disclosure Program”
Category Archives: CBT
Tax Culture & How the USA uses Citizenship Taxation to Impose US Culture (& Penalties) on Other Countries
[View the story “Tax, culture and how the USA uses #citizenshiptaxation to impose US culture (and penalties) on other countries” on Storify]
Alliance for the Defeat of Citizenship Taxation (ADCT) seeks major donors to fund United States lawsuit in federal District Court
cross-posted from Brock by Stephen Kish It is now likely that the new United States Tax “Reform” legislation will not help citizen-residents of other countries who are deemed to be “U.S. persons”. Consequently, we at the Alliance for the Defeat of Citizenship Taxation (ADCT), a non-profit corporation, want to move quickly on aContinue reading “Alliance for the Defeat of Citizenship Taxation (ADCT) seeks major donors to fund United States lawsuit in federal District Court”
The Nightmare for Mexicans who have US Citizenship………
The following comment appeared today at Brock. It is unbelievably shocking to see how this miserable situation is evolving-I have yet to hear anything like this. We have reached out a couple of times to try and link to the expat community in Mexico without results. I guess back then, this situation had notContinue reading “The Nightmare for Mexicans who have US Citizenship………”
It’s the Subpart F Rules, Stupid
There is a very good discussion going on over at Brock regarding the “Transition Tax” and the unintended consequences that may be passed on to expats. Fortunately, this cross-posted comment by USCitizenAbroad demonstrates how we have moved from the complicated verbiage of statutes/IRS Code to something understandable. (!!!!!) @Plaxy First, there has neverContinue reading “It’s the Subpart F Rules, Stupid”
ADCS-ADSC & ADCT Letter to U.S. Congress
— In this press release we ask United States Congress to fix a problem in the present House/Senate tax bills that targets certain Canadian citizen/residents who own an incorporated business — and more broadly — to “stop imposing worldwide taxation on any Canadian resident”. The press release is being sent in part to membersContinue reading “ADCS-ADSC & ADCT Letter to U.S. Congress”
The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Parts V & VI
cross-posted from citizenshipsolutions originally published July 7, 2016 The Ownership and use of the U.S. Person Which Includes a Citizen as an Instrument of Foreign Policy by John Richardson Part V – Why Americans abroad are renouncing U.S. citizenship … Put it this way: Ireland recently opened a museum honoring theContinue reading “The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Parts V & VI”
The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Part IV
cross-posted from citizenshipsolutions originally published July 7, 2016 The Ownership and use of the U.S. Person Which Includes a Citizen as an Instrument of Foreign Policy Part IV – The use of U.S. citizens as instruments of foreign policy by John Richardson To leave the USA one needs a passport and whenContinue reading “The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Part IV”
The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Part III
cross-posted from citizenshipsolutions originally published July 7, 2016 The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy Part III – I’m a “Toxic American”, but it’s not my fault – How U.S. regulation makes “U.S. citizens undesirables in other nations … byContinue reading “The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Part III”
NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad
It appears that we are very likely at a breaking point in this intolerable situation faced by expatriates as regards U.S. application of citizenship-based taxation. Tax reform does not happen often. It is critical that relief for expats occur in the current legislation. Many of us simply will not be around in 30 yearsContinue reading “NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad”
Citizenship Taxation 