cross posted from Quora If I have an American citizenship, am I stuck paying taxes to them for life unless I get rid of the citizenship? How do you get rid of the citizenship? by John Richardson U.S. Citizens are subject to extreme regulation wherever they live in the world… Continue reading “I am an American citizen -do I have to pay taxes for life? How do I get rid of American citizenship?”
Category Archives: FATCA
Support the Paul Amendment to Repeal FATCA!
This Is an Urgent Campaign to Repeal FATCA ALERT! Support the Paul Amendment to Repeal FATCA! November 29, 2017 This week the Senate version of the tax reform bill will come to the Senate floor. The Campaign to Repeal FATCA has learned that Senator Rand Paul (R-Kentucky) plans to offer asContinue reading “Support the Paul Amendment to Repeal FATCA!”
Will Territorial Taxation Solve All the Problems of #AmericansAbroad?
Tomorrow’s the big day! Will there be something for us in tomorrow’s Ways & Means Committee bill? Lots of hints suggest something is there. Most seem to expect a shift to territorial taxation for individuals. That’s a great start! There are still likely to be lots of issues remaining and this comment fromContinue reading “Will Territorial Taxation Solve All the Problems of #AmericansAbroad?”
October 24, 2017 Canadian and United States (RO) FATCA IGA/FATCA Litigation Update
cross-posted from the Isaac Brock Society October 24, 2017 Canadian and United States (RO) FATCA IGA/FATCA Litigation Update by Stephen J Kish October 24, 2017 Canadian (ADCS-ADSC) & United States (RO) FATCA IGA/FATCA Litigation Update https://t.co/0mkZDSM815 #FATCA #CBTax #RBT #TTFI — Patricia Moon (@nobledreamer16) October 24, 2017 //platform.twitter.com/widgets.js OCTOBER 24, 2017 FATCA IGA legislation/FATCA litigationContinue reading “October 24, 2017 Canadian and United States (RO) FATCA IGA/FATCA Litigation Update”
Congressman Bill Posey asks Treasury Secretary Mnuchin to deal with #FATCA
Persistence pays off! Suzanne Herman, a long-time Brocker, never gives up & look at the result! We need more of this kind of thing! BRAVO!!! See the original here September 29, 2017 The Honorable Steven Mnuchin Secretary of the U.S. Department of the Treasury 1500 Pennsylvania Avenue, NW Washington, DC 20220 DearContinue reading “Congressman Bill Posey asks Treasury Secretary Mnuchin to deal with #FATCA”
Will There or Won’t There be Tax Reform by the End of 2017?
I wrote this introduction for a program to be presented to tax professionals outside of North America back in March 2017. It was only meant as a general guide for those who might have been completely unaware of our grassroots movement as well as several attempts made by Congress to study our situation. It wasContinue reading “Will There or Won’t There be Tax Reform by the End of 2017?”
#FATCA and the Canadian Charter of Rights and Freedoms
The initial reaction of the Canadian government to FATCA can best be described by a letter then-Finance Minister, the late Jim Flaherty wrote, intended to be placed in major American newspapers.Virtually no one believed there would be any reason for the U.S. to impose this given Canada is a higher tax jurisdiction and owingContinue reading “#FATCA and the Canadian Charter of Rights and Freedoms”
Anti #FATCA BRIC nations building political clout and alliance
BRICS:Will the rise of this coalition of countries bring down the USD as the world's most powerful reserve currency? https://t.co/vUjvk1dJs3 pic.twitter.com/dZD0eBAgPG — Patricia Moon (@nobledreamer16) June 5, 2017 //platform.twitter.com/widgets.js We all spend tons of time wondering what individual effort might bring down FATCA. Will the Congress come to its senses and pass the Meadows/RandContinue reading “Anti #FATCA BRIC nations building political clout and alliance”
Transcript of Hearing April 26, 2017 House Committee on Oversight & Government Reform-Meadows
Courtesy of Andrew Grossmann@andygr 28th May 2017 from TwitLonger TwitLonger This is a transcript from the FATCA Hearing held in Washington D.C on April 26, 2017. I think it is interesting to actually read the testimonies that we heard that day. Some of the more striking aspects seem even more shocking and the mistakes stickContinue reading “Transcript of Hearing April 26, 2017 House Committee on Oversight & Government Reform-Meadows”
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”