reprinted with permission of the author Helen Burggraf American Expat Financial News Service Photos by Steven Edginton, Politics UK steven.edginton@hotmail.com September 24, 2018 updated 1:02 PM CEST, Sep 27 Legislation that its proponents say would significantly improve the lot ofContinue reading “Legislation to help American expats imminent, London audience told”
Category Archives: TTFI
Non-partisan discussions set for London on efforts to end U.S. citizen-based tax regime-September 17 & 18, 2018
cross posted from AmericanExpatFinance.com By Helen Burggraf, Editor – September 08, 2018 A panel discussion that will consider recent and growing efforts to convince U.S. lawmakers to end America’s increasingly-unpopular “citizenship-based” tax regime is set to take place at a venue in the Mayfair district of London, on the 18th of September. American expats withContinue reading “Non-partisan discussions set for London on efforts to end U.S. citizen-based tax regime-September 17 & 18, 2018”
Ending U.S. Citizenship-Based Taxation
Panel discussion with John Richardson, Solomon Yue, Olivier Wagner and Jim Gosart.
Reminder – Solomon Yue Visits Toronto
A LIGHT AT THE END OF THE TUNNEL OR ANOTHER ONCOMING TRAIN: THE POSSIBLE END OF U.S. CITIZENSHIP-BASED TAXATION Solomon Yue, CEO of Republicans Overseas will present publicly shareable information about the TTFI bill, and discuss its progress as it journeys through the legislative process. He will beContinue reading “Reminder – Solomon Yue Visits Toronto”
Why the proposed transition tax, if applied to individual U.S. shareholders living abroad, is analogous to the “Offshore Voluntary Disclosure Program
The following was written by John Richardson and is a section of a larger piece yet to be published. I will provide the link at the time it is available and of course, have permission to publish this. When I first read this, two things occurred to me. The OVDP/OVDI process represented aContinue reading “Why the proposed transition tax, if applied to individual U.S. shareholders living abroad, is analogous to the “Offshore Voluntary Disclosure Program”
NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad
It appears that we are very likely at a breaking point in this intolerable situation faced by expatriates as regards U.S. application of citizenship-based taxation. Tax reform does not happen often. It is critical that relief for expats occur in the current legislation. Many of us simply will not be around in 30 yearsContinue reading “NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad”
US tax reform bill appears to confiscate 12% of retained earnings of certain Canadian Controlled Private Corporations
UPDATE November 9, 2017 Today Chairman Brady concluded the “Mark Up” period of his proposed tax legislation. The “Mark Up” period contained NO move to “territorial taxation” for individuals. It did increase increase the “proposed confiscation” of the retained earnings of certain Canadian Controlled Private Corporation, from 12% to 14%. Renunciations to increase!: BradyContinue reading “US tax reform bill appears to confiscate 12% of retained earnings of certain Canadian Controlled Private Corporations”
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?”
Perspectives on Announcement of Possible Tax Reform for #AmericansAbroad
Our big news broke yesterday and in spite of the fact it is not actually confirmed, many are counting on this to become reality. Discussions are covering quite a range of issues/reactions; 2 comments from the Isaac Brock Society deserve a post of their own. On October 26, 2017 at 6:25 am USCitizenAbroad saysContinue reading “Perspectives on Announcement of Possible Tax Reform for #AmericansAbroad”
Time to Reach Out to Another Community for Support Regarding Tax Reform
For some time an idea has been considered by ADCT and the letter below is the result of that idea. We have yet to tap into another community who is in a unique position to possibly offer us help – the tax compliance community. There are plenty who have voiced their opposition to FATCA,Continue reading “Time to Reach Out to Another Community for Support Regarding Tax Reform”
Citizenship Taxation 