cross-posted from Expatriation Law – Storify [View the story “My tax professional told me my “non-U.S. mutual fund is a #PFIC! What is a #PFIC and what do I do?” on Storify]
Category Archives: CBT
The Biggest Threat to America Does NOT Lie Outside its Borders
"The biggest threat to America does NOT lie outside its borders. The biggest threat to America…" — John Richardson https://t.co/cVpLNlSZfV — Citizenship Lawyer (@ExpatriationLaw) June 21, 2017 //platform.twitter.com/widgets.js The biggest threat to America does NOT lie outside its borders. The biggest threat to America is the Internal Revenue Code and its absurd rulesContinue reading “The Biggest Threat to America Does NOT Lie Outside its Borders”
Topsnik 2 : Green Card Expatriation And The Exit Tax
reposted from Tax Connections Blog Written by John Richardson | Posted in International John Richardson Introduction – Introducing Gerd Topsnik “This case will be seen as the first of an (eventual) series of cases that determine how the definition of long term resident applies to Green Card holders. The case makes clearContinue reading “Topsnik 2 : Green Card Expatriation And The Exit Tax”
Hands Down this is the Worst Academic Piece About FATCA ever Written
CONSIDERING "CITIZENSHIP TAXATION":IN DEFENSE OF #FATCA– Hands Down Worst Academic Piece About FATCA ever Written https://t.co/qYvsrzpEyL — Patricia Moon (@nobledreamer16) May 27, 2017 Profesor Paul Caron, on his TaxProfBlog posted the following article: CONSIDERING “CITIZENSHIP TAXATION”: IN DEFENSE OF FATCA 20 Fla. Tax Rev. 335 (2017): by Young Ran (Christine) Kim IfContinue reading “Hands Down this is the Worst Academic Piece About FATCA ever Written”
All the Side Effects of being a “covered expatriate” Green Card Holder
reposted from CitizenshipTaxation FB Group Greencard holders have it as bad as #Accidentalamericans & #Americansabroad Read this and weep https://t.co/wFPuBOYYsC — 🇨🇦Patricia Moon⚾ (@nobledreamer16) May 10, 2017 //platform.twitter.com/widgets.js Gary Clueit: As a long-term GC holder with no way to escape “covered expatriate” status, the article doesn’t really cover all the insidious side-effects. ForContinue reading “All the Side Effects of being a “covered expatriate” Green Card Holder”
When Law Becomes a Substitute for Morality & Causes Cruel & Unneccesary Harm
Another comment deserving its own post USCitizenAbroad says March 13, 2017 at 7:08 am @Karen and all Thank you for collecting and posting these stories. Our Stories I would like to offer some general observations (of which Shaun is one of many examples) and suggest some lessons which are largely based on Shaun’sContinue reading “When Law Becomes a Substitute for Morality & Causes Cruel & Unneccesary Harm”
The ACA RBT Proposal is a “carve out” within CBT
ACA proposes “Baseline” approach 2 replacing #CBT w/ RBT. Reality is this is simply "carve-out" within #CBT :https://t.co/e19D4ewni2 — Citizenship Taxation (@CitizenshipTax) February 16, 2017 //platform.twitter.com/widgets.js This post is based upon a comment made at the Isaac Brock Society concerning American Citizens Abroad’s new (Febrary 2017) proposal on replacing citizenship-based taxation with residency-basedContinue reading “The ACA RBT Proposal is a “carve out” within CBT”
FATCA is NOT about PROTECTING America’s Tax Base
FATCA is NOT about PROTECTING America’s Tax Base.FATCA is about EXPANDING America’s Tax Base into the Economies of Other Nations Yesterday an article made the rounds with an interesting idea; THE ONLY REFUGEES WHO SHOULD BE ENTERING THE UNITED STATES ARE THE AMERICAN REFUGEES WHO FLED OBAMA’S AMERICA…. WE HAVE THAT DUTY TO OURContinue reading “FATCA is NOT about PROTECTING America’s Tax Base”
The Wisdom of Countries that Welcome Diversity
Surprising number of foreign students r Muslim -universities could see revenues shrink if students r barred https://t.co/2SnTZxTN8i pic.twitter.com/SBCf3SgPZJ — Patricia Moon (@nobledreamer16) January 29, 2017 //platform.twitter.com/widgets.js Recently I received a paper from an expat in Australia-it is a submission to the Ways and Means Committee. I am very impressed with it and shortly thereafter cameContinue reading “The Wisdom of Countries that Welcome Diversity”
A Little More About Treasury’s Disallowment of SCE
Great article by Helen Burggraf regarding Treasury’s denial of ACA’s SCE program. Just a couple of thoughts……… US officials reportedly felt that the potential risk of expat Americans using their “same-country” bank accounts to avoid their US tax obligations was ultimately too great to be able to grant them such an exemption – in spiteContinue reading “A Little More About Treasury’s Disallowment of SCE”
Citizenship Taxation 