cross posted from citizenship solutions by John Richardson I suggested to John that some might not understand why a similarity between OVDP and the Transition Tax was being made. He asked me to introduce the post to make sure it was clear that the U.S. government has demonstrated that confiscation is the nameContinue reading “Part 5: Responding to the Sec. 965 “transition tax”: Shades of #OVDP! April 15/18 is your last, best chance to comply!”
Tag Archives: extra-territorial taxation
Part 2: The transition tax: Is “resistance futile”? The possible use of the Canada U.S. tax treaty to defeat the “transition tax”
cross-posted from citizenshipsolutions blog by John Richardson Beginning with the conclusion (for those who don’t want to read the post) … For the reasons given in this post, I believe that there are grounds to argue that the imposition of the Sec. 965 “transition tax” on Canadian resident/citizens DOES violate the Canada U.S. taxContinue reading “Part 2: The transition tax: Is “resistance futile”? The possible use of the Canada U.S. tax treaty to defeat the “transition tax””
Part 1: Responding to The Section 965 “Transition Tax”: “Resistance is Futile” but “Compliance is Impossible”
Cross-posted from the citizenshipsolutions blog by John Richardson Part 1: Responding to The Section 965 “transition tax”: “Resistance is futile” but “Compliance is impossible” https://t.co/HMUi0Nw1rU — John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) March 2, 2018 https://platform.twitter.com/widgets.js Introduction and background … “This legislation is being interpreted by a number of tax professionalsContinue reading “Part 1: Responding to The Section 965 “Transition Tax”: “Resistance is Futile” but “Compliance is Impossible””
Comment #2 on “Think You Can Leave the U.S. – Think Again
“There is something fundamentally wrong with a country where compliance with its laws forces you to (eventually) renounce your citizenship.” This post is based on a comment by John Richardson. The comment is a response to a post by laurainparis on the Thom Hartmann blogsite. Laura, you conclude your last commentContinue reading “Comment #2 on “Think You Can Leave the U.S. – Think Again”
What is Tax Residency? – Episode 2 with John Richardson & Olivier Wagner
“Tax residence American style” AKA : Imposing “worldwide taxation” on those with @taxresidency in other countries The issue of tax residence has gained so much attention since the “crackdown” on non-resident US Persons began in 2009. It is commonly understood that you pay taxes to the country/state/city-town that you reside in. (For an interestingContinue reading “What is Tax Residency? – Episode 2 with John Richardson & Olivier Wagner”
What is Tax Residency? – Episode 1 with John Richardson & Olivier Wagner
The issue of tax residence has gained so much attention since the “crackdown” on non-resident US Persons began in 2009. It is commonly understood that you pay taxes to the country/state/city-town that you reside in. (For an interesting comparisonContinue reading “What is Tax Residency? – Episode 1 with John Richardson & Olivier Wagner”
The Attributes of Immoral Laws or How the Internal Revenue Code Applies to Non-Resident Taxpayers
cross-posted from Tax Connections After the latest IRS Medic podcast, Tax Connections published a post by Anthony Parent. Perhaps the most unifying statement of the post is: A part of our interview that really stands out to me is when Attorney Richardson referred to the current system of global taxation and compliance as immoral.Continue reading “The Attributes of Immoral Laws or How the Internal Revenue Code Applies to Non-Resident Taxpayers”
Imposing Tax & Reporting Obligations on the Citizens & Residents of Other Countries is Immoral
https://www.taxconnections.com/taxblog/latest-podcast-guest-tax-attorney-john-richardson/#comment-15477 cross-posted from Tax Connections After the latest IRS Medic podcast, Tax Connections published a post by Anthony Parent. Perhaps the most unifying statement of the post is: A part of our interview that really stands out to me is when Attorney Richardson referred to the current system of global taxation and compliance asContinue reading “Imposing Tax & Reporting Obligations on the Citizens & Residents of Other Countries is Immoral”
The Current System of Global Taxation and Compliance is Immoral
cross-posted from Tax Connections UPDATE February 2,2018 For more on how an expat can have higher U.S. taxes than a comparably situated Homeland American, please see here. After the latest IRS Medic podcast, Tax Connections published a post by Anthony Parent. Perhaps the most unifying statement of the post is: A part ofContinue reading “The Current System of Global Taxation and Compliance is Immoral”
Taxation of #AmericansAbroad in the 21st Century: “Country of birth” Taxation vs. “Country of Residence” Taxation- Part V (Final)
cross-posted from citizenshipsolutions by John Richardson Update January 2018: This post has been updated with some new links and discussion Part I is here. Part II is here. Part III is here. Part IV is here. ******* Taxation of #AmericansAbroad in the 21st Century: “Country of birth” Taxation vs. “Country of Residence” Taxation- Part VContinue reading “Taxation of #AmericansAbroad in the 21st Century: “Country of birth” Taxation vs. “Country of Residence” Taxation- Part V (Final)”