US govt & compliance industry creates alternate-fact show- Claims some born abroad MUST b US citizens DON'T BUY IT https://t.co/ne5WAMg2Yw pic.twitter.com/lOx5PNKgdW — Citizenship Taxation (@CitizenshipTax) March 15, 2017 //platform.twitter.com/widgets.js It is odd that we are STILL hearing arguments that refuse to accept a person born outside the United States, having a statuatory (NOT aContinue reading “The U.S. Cannot Force a Person Born Outside of the United States to Accept U.S. Citizenship”
Category Archives: Uncategorized
When Law Becomes a Substitute for Morality- & is Used to Punish as Well
a comment cross-posted from the Isaac Brock Society blog When Law Becomes a Substitute for Morality- & is Used to Punish as Well Welcome 2 the World of #PFICs https://t.co/ak1j9Q87Mu No more #CBTax pic.twitter.com/uPTp3ay9gm — Citizenship Taxation (@CitizenshipTax) March 12, 2017 //platform.twitter.com/widgets.js @Bubblebustin Excellent sentiment: You know what I think is immoral? A government’s suddenContinue reading “When Law Becomes a Substitute for Morality- & is Used to Punish as Well”
Part 2: Be careful what you “Fix For” – Mr. Kentera meets Mr. #FBAR in the “Twilight Zone”
cross-posted from citizenshipsolutions.ca by John Richardson Introduction … This post is one more of a collection of FBAR posts on this blog. The most recent FBAR posts are here and here. The “unfiled FBAR” continues to be a problem for certain Homeland Americans with “offshore accounts” and all Americans abroad, who continue to “commit personalContinue reading “Part 2: Be careful what you “Fix For” – Mr. Kentera meets Mr. #FBAR in the “Twilight Zone””
US Taxation of the Australian Superannuation? – No, #DontMessWithTheSuper!
cross posted from citizenshipsolutions.ca I recently engaged in a discussion with people who are worried that they might be “U.S. Persons” living in Australia. Their primary concern (and understandably so) is the possible U.S. taxation of their Australian Superannuations. For many, the “Super” is considered to be their most important retirement planning asset. In aContinue reading “US Taxation of the Australian Superannuation? – No, #DontMessWithTheSuper!”
Accidental Americans (And Others): Do Nothing!
reposted from MapleSandbox by Lynne Swanson #FATCA Americans overseas: Do NOT allow US tax pros scare u into entering US tax system. Many have no business entering! — Keith REDMOND (@kredmond_global) January 19, 2017 //platform.twitter.com/widgets.js Backing up the above tweet, Keith Redmond posted the following on Facebook: Dear Members: I just had a lengthy,Continue reading “Accidental Americans (And Others): Do Nothing!”
“All Roads Lead To Renunciation” – #FATCA Same Country Exemption Edition
cross-posted from issacbrocksociety.ca Final indignity perpetrated by @BarackObama admin: @USTreasury SLAMS DOOR ON SAME CNTRY EXEMPTION 4 #AMERICANSABROAD https://t.co/SbMHP8IZZX — U.S. Citizen Abroad (@USCitizenAbroad) January 4, 2017 You can read it at the Americans Citizens Abroad site. Highlights include: In denying the request for SCE, the Treasury Department’s final FATCA regulations focused solely onContinue reading ““All Roads Lead To Renunciation” – #FATCA Same Country Exemption Edition”
December 22 2016 Update on Canadian FATCA IGA lawsuit — Moving closer to the Charter-Constitutional trial
cross-posted from isaacbrocksociety.ca This is a new update with some timelines from the Canadian Federal Court showing what has to be done before we know the Charter-Constitutional trial date (taking place next year). In part, there will be motions and responses related to differences of opinions as to what documents and information have to beContinue reading “December 22 2016 Update on Canadian FATCA IGA lawsuit — Moving closer to the Charter-Constitutional trial”
Be careful what you “fix for”! A Holiday Gift: What to do about the unfiled #FBAR
cross posted from Be careful what you “fix for”! A Holiday Gift: What to do about the unfiled #FBAR UPDATED WEDNESDAY JANUARY 4, 2017 Part 6 – Getting help with “fixing your compliance problem”: “The smaller the step taken, the bigger the result” Some tax professionals: – believe that compliance problems should presumptively beContinue reading “Be careful what you “fix for”! A Holiday Gift: What to do about the unfiled #FBAR”
Tax residency vs. physical presence: The four questions you must ask before making a country your home
cross posted from citizenshipsolutions An introduction to “tax residency” … Most people equate residency with physical presence. They assume that where you are physically presence determines where you live. They further assume that where you live is where you pay your taxes. Conclusion: The country where you live is the country where you must beContinue reading “Tax residency vs. physical presence: The four questions you must ask before making a country your home”
Wives & Girlfriends as Sacred Vows OR How Your Marital Vows Could Deprive the Treasury Department Its Due
Given the trend of governments requiring their citizens and residents to report nearly everything (even Russia has now begun to require duals to register their 2nd citizenship), it’s amazing no one has come forth with a requirement to file a SpouseBar. Think of the normal approach the U.S. takes to anything foreign. “Alien.” MostContinue reading “Wives & Girlfriends as Sacred Vows OR How Your Marital Vows Could Deprive the Treasury Department Its Due”
Citizenship Taxation 