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: US Tax Reform
Ways & Means Urged to Hold a Hearing on #FATCA
Original Here
It’s Happening Again – Enough is Enough is Enough
NB: STAY TUNED – a 7-part video on the Transition Tax, with John Richardson & Karen Alpert will be posted in the next couple of days. NB: For anyone with time to spare/the interest/needing specifics to make the point regarding the “intention” of the law, here are some of the relevant House/SenateContinue reading “It’s Happening Again – Enough is Enough is Enough”
U.S. Tax Culture Sees Individual Using a Small Corporation as a “Presumptive Tax Cheat”
This post is an actual comment by John Richardson that appeared here (PAYWALLED) You can see the article on the citizenshiptaxation facebook group Financial Times Americans abroad hit by Trump’s new repatriation tax rules by Andrew Edgecliffe-Johnson in New York – FEBRUARY 4, 2018 My comment to the article on theContinue reading “U.S. Tax Culture Sees Individual Using a Small Corporation as a “Presumptive Tax Cheat””
What is the international reaction to the latest US Tax Reform by President Trump? Is there any Concern for worldwide tax competition?
Cross-posted from Quora by John Richardson Contrary to the early answers to this question, there is (internationally) a great deal of interest in U.S. tax reform and a great deal of reaction to it. All you need do is read the London Financial based Financial Times (and other publications) to read about this. AContinue reading “What is the international reaction to the latest US Tax Reform by President Trump? Is there any Concern for worldwide tax competition?”
ACA: TAX REFORM BILL AND AMERICANS ABROAD: WHAT HAPPENED? WHAT’S NEXT?
NB: While ADCT respects ACA’s positions and appreciates their lobbying efforts, this post in no way serves as an endorsement of their submission regarding RBT. It bears repeating that no group approached Congress during the tax reform process and specifically requested RBT. Many chose to support RO’s effort (TTFI) assuming it more likely toContinue reading “ACA: TAX REFORM BILL AND AMERICANS ABROAD: WHAT HAPPENED? WHAT’S NEXT?”
It’s the Subpart F Rules, Stupid
There is a very good discussion going on over at Brock regarding the “Transition Tax” and the unintended consequences that may be passed on to expats. Fortunately, this cross-posted comment by USCitizenAbroad demonstrates how we have moved from the complicated verbiage of statutes/IRS Code to something understandable. (!!!!!) @Plaxy First, there has neverContinue reading “It’s the Subpart F Rules, Stupid”
Seven Simple Points to be Made Re: Transition Tax and CFCs
This comment from the Isaac Brock Society makes basic points to be made with regard to the proposed “Transition Tax” in both the House and Senate Tax Reform Bills. Every expat who knows there are private individuals who are incorporated in their country should be contacting relevant government representatives giving them theContinue reading “Seven Simple Points to be Made Re: Transition Tax and CFCs”
ADCS-ADSC & ADCT Letter to U.S. Congress
— In this press release we ask United States Congress to fix a problem in the present House/Senate tax bills that targets certain Canadian citizen/residents who own an incorporated business — and more broadly — to “stop imposing worldwide taxation on any Canadian resident”. The press release is being sent in part to membersContinue reading “ADCS-ADSC & ADCT Letter to U.S. Congress”
Parsing Proposed Legislation -Intended Confiscation or Not?
cross posted from The Isaac Brock Society Is there a duty to obey a law that was never intended to apply to you, even if the literal reading of he law suggests that it may/does apply? USCitizenAbroad says November 22, 2017 at 7:13 am @Karen notes: At theContinue reading “Parsing Proposed Legislation -Intended Confiscation or Not?”
Citizenship Taxation 