A series of information sessions (some formal presentations and some informal discussions); for information concerning the content of the programs please see here. John Richardson is a Toronto citizenship lawyer, the co-chairman of the Alliance for the Defence of Canadian Sovereignty as well as the Alliance for the Defeat of Citizenship Taxation. He is aContinue reading “Considering renouncing US citizenship? @Expatriationlaw information sessions Fall 2018”
Category Archives: FBAR
Part 5: Responding to the Sec. 965 “transition tax”: Shades of #OVDP! April 15/18 is your last, best chance to comply!
cross posted from citizenship solutions by John Richardson I suggested to John that some might not understand why a similarity between OVDP and the Transition Tax was being made. He asked me to introduce the post to make sure it was clear that the U.S. government has demonstrated that confiscation is the nameContinue reading “Part 5: Responding to the Sec. 965 “transition tax”: Shades of #OVDP! April 15/18 is your last, best chance to comply!”
IRS Announces the end of #OVDP – Fascinating Reactions from the Tax Compliance Community
OVDP Program cross-posted from citizenshipsolutions by John Richardson IRS announces the end of #OVDP: Fascinating tweets from the “OVDP Historians” who compose the tax compliance community IRS announces the end of #OVDP: Fascinating tweets from the "OVDP Historians" who compose the tax compliance community #OVDP: Reactions from the “tax compliance community” (andContinue reading “IRS Announces the end of #OVDP – Fascinating Reactions from the Tax Compliance Community”
Meet the Proposed Commissioner of the IRS – A Welcome Change?
cross-posted from Brock. Politico announced Trump’s nomination Of Charles P. Rettig, including the following excerpts: Rettig, who specializes in settling complex tax disputes between his taxpayer clients and authorities like the IRS, known as tax controversies, has for more than three decades represented clients before the IRS, the Justice Department, state tax authorities and otherContinue reading “Meet the Proposed Commissioner of the IRS – A Welcome Change?”
The Conscience of a Lawyer and “The FBAR Fundraiser” Revisited
The compliance community leads the @USTransitionTax charge: "TCJA’s transition tax could hit cross-border biz owners" https://t.co/jQwJ1sUomM — U.S. Transition Tax – Subpart F (@USTransitionTax) January 24, 2018 https://platform.twitter.com/widgets.js Many of you may remember this outstanding post (below) from the early days……when the incessant torment was massive fear of “#FBAR penalties.” Compounded by #OVDP, (or #OVDIContinue reading “The Conscience of a Lawyer and “The FBAR Fundraiser” Revisited”
I am an American citizen -do I have to pay taxes for life? How do I get rid of American citizenship?
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?”
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”
U.S. “culture of penalty” and inflation: First, inflation used to first increase the size of #FBAR penalty base and then increase the size of actual penalties
cross-posted from citizenshipsolutions blog written by John Richardson Introduction: Penalty as a part of American Culture "U.S. tax, form and penalty club": Google "IRS penalty as part of American culture" and see a wide range of results https://t.co/eR0QTZ2sOH — John Richardson – Counsellor for US persons abroad (@ExpatriationLaw) June 25, 2017 The above tweet linksContinue reading “U.S. “culture of penalty” and inflation: First, inflation used to first increase the size of #FBAR penalty base and then increase the size of actual penalties”
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”