Reposted from the citizenshipsolutions blog “Guest post by John Richardson – “Citizenship Solutions” In the beginning there was Facebook … Thoughts on Representative Maloney's #FATCA Same Country Exemption Bill from #Americansabroad – it's a non-starter! https://t.co/zypKOzkYZ4 — John Richardson – Counsellor for US persons abroad (@ExpatriationLaw) May 7, 2017 Continue reading “Whether through regulation or legislation #FATCA Same Country Exemption won’t work”
Category Archives: Uncategorized
The Idea that the SCE would encourage FFIs to change their stance is laughable
Idea that SCE would encourage FFIs currently not doing business with US citizens 2 change their stance is laughable. https://t.co/2SGecl0d7F — 🇨🇦Patricia Moon⚾ (@nobledreamer16) May 6, 2017 //platform.twitter.com/widgets.js Edelweiss writes: To me, the idea that the SCE would encourage FFIs currently not doing business with US citizens to change their stance is laughable. In theContinue reading “The Idea that the SCE would encourage FFIs to change their stance is laughable”
Those @Demsabroad reiterate their support of #FATCA! Tune in April 26/17 to see how!
Updates April 23, 2017!! First, here is the link to the live feed of the FATCA hearing on April 26, 2017: Second the Democrats have selected Carl Levin Protege, Professor Elise Bean, as their witness in support of FATCA. Professor Bean is an interesting choice given that the focus of the hearing, in its plainContinue reading “Those @Demsabroad reiterate their support of #FATCA! Tune in April 26/17 to see how!”
FOREIGN BANK ACCOUNT REPORTING AND TAX COMPLIANCE HEARING NOVEMBER 5, 2009
Nov./5/09 – FATCA Hearing pg. 13- Treasury confirms that FATCA is specifically intended to include #Americansabroad https://t.co/xwswNkDF6d pic.twitter.com/7X3gqPa2dY — Citizenship Lawyer (@ExpatriationLaw) April 15, 2017 //platform.twitter.com/widgets.js The purpose of this post is, as put forth by Tim: This is a copy of the transcript of the one and only hearing on FATCA in the USContinue reading “FOREIGN BANK ACCOUNT REPORTING AND TAX COMPLIANCE HEARING NOVEMBER 5, 2009”
Form 8621 and Form 5471 are required even if the tax return is NOT!
cross-posted from the citizenshipsolutions blog The Internal Revenue Code of the United States requires two things: 1. The calculation of taxes; and 2. The reporting of information. The Internal Revenue Code of the United States is based on three basic principles: 1. A dislike of all things “foreign”. (If you see the word “foreign” aContinue reading “Form 8621 and Form 5471 are required even if the tax return is NOT!”
Shu Yi Oei: The Offshore Tax Enforcement Dragnet via Allison Christians
reblogged from Allison Christians’ Tax, Society & Culture with permission "The Offshore Tax Enforcement Dragnet" – how adversely affects immigrants, #Americansabroad #AccidentalAmericans https://t.co/7rqEzYYpqy — Patricia Moon (@nobledreamer16) April 1, 2017 //platform.twitter.com/widgets.js Shu Yi Oei (Tulane) has posted an important new paper on U.S. offshore tax enforcement, of interest. Here is the abstract: Taxpayers who hideContinue reading “Shu Yi Oei: The Offshore Tax Enforcement Dragnet via Allison Christians”
Citizenship, identity, mourning loss of identity and moving on …
The following post appeared on the RenounceUScitizenship blog. Making Choice to Halt at Door of US Citizenship http://t.co/rdiolrkfqu – It's the identity stupid! But, mostly same tax rules apply. — U.S. Citizen Abroad (@USCitizenAbroad) August 26, 2013 The above tweet references an article published on August 25, 2013 at the New York Times. The articleContinue reading “Citizenship, identity, mourning loss of identity and moving on …”
Collective psychotherapy – U.S. citizens outside U.S. – Not what they take from you, it’s what they leave you with
cross-posted from renounceuscitizenship blog U.S. citizens outside U.S. – Not what they take from you, it’s what they leave you with – #CBTax #FBAR r destructive https://t.co/LthGIGjI3M pic.twitter.com/f8VkU7BLeT — Citizenship Taxation (@CitizenshipTax) March 26, 2017 //platform.twitter.com/widgets.js Going back to a general thread from a few weeks ago – on law and morality – this postContinue reading “Collective psychotherapy – U.S. citizens outside U.S. – Not what they take from you, it’s what they leave you with”
More #Americansabroad will pay capital gains tax on sale of principal residence in Canada
cross-posted from citizenshipsolutions More #Americansabroad will pay capital gains tax on sale of principal residence in Canada Escalating housing prices in Toronto leave buyers with sticker shock and owners reaping capital gains @globeandmail https://t.co/AALQfnTVqg — John Richardson – Counsellor for US persons abroad (@ExpatriationLaw) March 22, 2017 The price of Toronto real estate continues itsContinue reading “More #Americansabroad will pay capital gains tax on sale of principal residence in Canada”
This is Fantastic! Don’t Think We Have Ever Had Support Like this!
MAJOR Support 4 #RepealFATCA #Americansabroad thnx 2 @RepealFatca @nigeljgreen @GroverNorquist @CFandP @AmerComm https://t.co/BnuZfY0kSM — Patricia Moon (@nobledreamer16) March 21, 2017 //platform.twitter.com/widgets.js Came across this today: Ways & Means committee members letter I do not have permission to reproduce in full but here are a few excerpts: Dear Speaker Ryan, Majority Leader McConnell, Rep. Brady, andContinue reading “This is Fantastic! Don’t Think We Have Ever Had Support Like this!”