UPDATE 10 SEP 2018 Gary replied to this same post on the Citizenship Taxation Facebook Group. . Gary Clueit In the example of the Covered Expat inheritance 40% tax on heirs I gave during the interview, I misstated that there was no credit available for any foreign estate tax or IHT paid, giving the UKContinue reading “The proper care and feeding of the Green Card – An interview with “long term resident” Gary @Clueit”
Category Archives: GreenCard Holders
Testimony: Green Card Holder Victim Of FATCA After Failing To Return Expired Card
cross posted from Tax Connections Original Statement on April 9, 2015 Submission to the United States Senate Finance Committee International Tax To anyone who doesn’t really understand the fear and frustration of FATCA and the insanity of the US tax system: I am not and never have been American. I don’t live in theContinue reading “Testimony: Green Card Holder Victim Of FATCA After Failing To Return Expired Card”
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”
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”