Taxation of #AmericansAbroad in the 21st Century: “Country of birth” Taxation vs. “Country of Residence” Taxation- Part III

  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 Legal Status of Citizen vs. The Engagement Required By Citizenship Is the “legal status” of being a citizen sufficient? Is there a differenceContinue reading “Taxation of #AmericansAbroad in the 21st Century: “Country of birth” Taxation vs. “Country of Residence” Taxation- Part III”

Taxation of #AmericansAbroad in the 21st Century: “Country of birth” Taxation vs. “Country of Residence” Taxation- Part I

  cross-posted from citizenshipsolutions by John Richardson Update January 2018: This post has been updated with some new links and discussion. Prologue – The “Story Of The Century 200,000 Saudi US citizens liable to pay taxes | Arab News — Saudi Arabia News, Middle East News: http://t.co/lPmRfQ5gf5 via @Arab_News — John Richardson – U.S. CitizenshipContinue reading “Taxation of #AmericansAbroad in the 21st Century: “Country of birth” Taxation vs. “Country of Residence” Taxation- Part I”

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”

Tax Culture & How the USA uses Citizenship Taxation to Impose US Culture (& Penalties) on Other Countries

[View the story “Tax, culture and how the USA uses #citizenshiptaxation to impose US culture (and penalties) on other countries” on Storify]

Support the Paul Amendment to Repeal FATCA!

  This Is an Urgent Campaign to Repeal FATCA ALERT! Support the Paul Amendment to Repeal FATCA!       November 29, 2017 This week the Senate version of the tax reform bill will come to the Senate floor. The Campaign to Repeal FATCA has learned that Senator Rand Paul (R-Kentucky) plans to offer asContinue reading “Support the Paul Amendment to Repeal FATCA!”

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”

U.S. CBT is Enforced ONLY by the Compliance Industry

  #FATCA is enforced NOT by the USA directly but by the banks & U.S. #CBTax is enforced ONLY by the compliance industry https://t.co/GWwaGrnmbO — Homelander NOT (@Homelander_NOT) November 21, 2017 https://platform.twitter.com/widgets.js   This post is based upon a comment of USCitizenAbroad at Brock. It makes a very important point that all of us shouldContinue reading “U.S. CBT is Enforced ONLY by the Compliance Industry”

The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Parts V & VI

  cross-posted from citizenshipsolutions   originally published July 7, 2016   The Ownership and use of the U.S. Person Which Includes a Citizen as an Instrument of Foreign Policy   by John Richardson Part V – Why Americans abroad are renouncing U.S. citizenship … Put it this way: Ireland recently opened a museum honoring theContinue reading “The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Parts V & VI”

The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Part IV

  cross-posted from citizenshipsolutions originally published July 7, 2016   The Ownership and use of the U.S. Person Which Includes a Citizen as an Instrument of Foreign Policy Part IV – The use of U.S. citizens as instruments of foreign policy by John Richardson   To leave the USA one needs a passport and whenContinue reading “The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Part IV”

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