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”
Category Archives: Penalties
Dewees 3: Lessons about the “Oh My God Moment” and dealing with the problems of U.S. citizenship
cross posted from citizenshipsolutions As I write this post, my mind goes back to one of my very first posts about U.S. compliance issues. This post was called “What you should consider before contacting a lawyer“. Since that time I have written hundreds of post describing the problems faced by Americans abroad. More recently …Continue reading “Dewees 3: Lessons about the “Oh My God Moment” and dealing with the problems of U.S. citizenship”
Dewees 2: Why did he participate in the 2009 #OVDP Horror Show?
cross posted from citizenship solutions In an earlier post I explained why the Canada Revenue Agency assisted the IRS in collecting a $133,000 U.S. dollar penalty on a Canadian resident. The bottom line was that he was presumably NOT a Canadian citizen and therefore did NOT have the benefits of the tax treaty. This postContinue reading “Dewees 2: Why did he participate in the 2009 #OVDP Horror Show?”
The Canada U.S. tax treaty does NOT protect Canadians from U.S. tax liability but does mean that Canada will NOT assist the U.S. in collection!
cross posted from citizenship solutions Can the common law “revenue rule” be used to stop the enforcement of U.S. “citizenship taxation” on non-U.S. residents? What the United States calls “citizenship taxation” is actually U.S. taxation of certain citizens and residents of other countries. The U.S. claims the right to impose full U.S. taxation on theContinue reading “The Canada U.S. tax treaty does NOT protect Canadians from U.S. tax liability but does mean that Canada will NOT assist the U.S. in collection!”
When government turns predator
This was the very first post at the Isaac Brock Society, published there on December 10, 2011 by the founder of Brock, Petros. At the time, there was outright terror in the expat community. Horror stories from the 2009 OVDP were coming out. Threats from Shulman (then IRS Commissioner), the media and primarily, theContinue reading “When government turns predator”
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”
#IRS abuse of Americans Abroad – The greater the effort! The greater the punishment!
This post is from the RenouceUScitizenship blog. God, grant me the serenity to accept the things I cannot change, The courage to change the things I can, And wisdom to know the difference. We are now more than two years into the Obama/Geithner/Shulman/IRS assault on U.S. Citizens Abroad. It is commonly accepted that the origin of the assault has been – whatContinue reading “#IRS abuse of Americans Abroad – The greater the effort! The greater the punishment!”
Searching for Uncle #FATCA: Where is he? What does he do? Why is he a danger to America? Can Congressman Meadows and Senator Paul save America?
Searching for Uncle #FATCA: Where is he? What does he do? Why is he a danger to America? Can Congressman Meadows and Senator Paul save America? A Guest Post by John Richardson https://twitter.com/kred65/status/780906722890244096 Congressman Mark Meadows has recently introduced H.R. 5935 – a bill to “RepealContinue reading “Searching for Uncle #FATCA: Where is he? What does he do? Why is he a danger to America? Can Congressman Meadows and Senator Paul save America?”
Citizenship Taxation 