This provision is not designed to catch individuals (I think), and certainly not Americans abroad – they are collateral damage. it’s incredibly unfair. A little more than 10 days ago, an article by a Canadian tax lawyer claimed the proposed House Bill contained two very startling changes that would affect #AmericansAbroad: BAD NEWS FORContinue reading “The Merry-Go-Round of “Unintended Consequences””
Tag Archives: extra-territorial taxation
The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Part III
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 III – I’m a “Toxic American”, but it’s not my fault – How U.S. regulation makes “U.S. citizens undesirables in other nations … byContinue reading “The Ownership and use of the U.S. Person which includes a Citizen as an Instrument of Foreign Policy – Part III”
NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad
It appears that we are very likely at a breaking point in this intolerable situation faced by expatriates as regards U.S. application of citizenship-based taxation. Tax reform does not happen often. It is critical that relief for expats occur in the current legislation. Many of us simply will not be around in 30 yearsContinue reading “NO Evidence of Intent to apply the “”Transition Tax” to Small Business Corporations of #AmericansAbroad”
The Ownership and use of the US Person Which Includes a Citizen as an Instrument of Foreign Policy – Part II
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 II – U.S. Citizens living abroad – “Life in the penalty box” by John Richardson Part 1 – Life In The “Penalty Box” – U.S.Continue reading “The Ownership and use of the US Person Which Includes a Citizen as an Instrument of Foreign Policy – Part II”
The Ownership and use of the US Person Which Includes a Citizen as an Instrument of Foreign Policy – Part I
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 I – The U.S. “Giveth” and the U.S. “Taketh” – How the U.S. uses “citizenship” as a weapon against individuals … by John Richardson Continue reading “The Ownership and use of the US Person Which Includes a Citizen as an Instrument of Foreign Policy – Part I”
The Ownership and use of the US Person Which Includes a Citizen as an Instrument of Foreign Policy
cross-posted from citizenshipsolutions originally published July 7, 2016 Prologue – U.S. citizens are “subjects” to U.S. law wherever they may be in the world by John Richardson Welcome and a bit of an introduction This post turned out to be longer and cover more topics than I originally intended. The problemContinue reading “The Ownership and use of the US Person Which Includes a Citizen as an Instrument of Foreign Policy”
Will Territorial Taxation Solve All the Problems of #AmericansAbroad?
Tomorrow’s the big day! Will there be something for us in tomorrow’s Ways & Means Committee bill? Lots of hints suggest something is there. Most seem to expect a shift to territorial taxation for individuals. That’s a great start! There are still likely to be lots of issues remaining and this comment fromContinue reading “Will Territorial Taxation Solve All the Problems of #AmericansAbroad?”
Time to Reach Out to Another Community for Support Regarding Tax Reform
For some time an idea has been considered by ADCT and the letter below is the result of that idea. We have yet to tap into another community who is in a unique position to possibly offer us help – the tax compliance community. There are plenty who have voiced their opposition to FATCA,Continue reading “Time to Reach Out to Another Community for Support Regarding Tax Reform”
Republicans Overseas TTFI proposal, letters, and petition delivered & discussed with White House staff: EIGHT DAYS (to October 22) LEFT TO SEND IN MORE PETITIONS TO CONGRESS
cross-posted from the Isaac Brock Society by Stephen Kish 8 DAYS LEFT TO SPEND JUST ONE MINUTE OF YOUR TIME TO SEND TTFI PETITION TO U.S. CONGRESS AND MAKE A CHANGE Having renounced, I cannot be a Republican, but I do support the effort of hardworking Republicans Overseas (RO) to end citizenship-based taxation and establishContinue reading “Republicans Overseas TTFI proposal, letters, and petition delivered & discussed with White House staff: EIGHT DAYS (to October 22) LEFT TO SEND IN MORE PETITIONS TO CONGRESS”
The Value of Participation is not about the Result; it Paves the way to Awareness & Education which must Come First
FYI -01 OCT 2017 I submitted my letter 1 hour late/on Oct 1 and it was accepted. Please keep them coming In the last few weeks there has been a plethora of posts, comments and articles about tax reform, and whether or not the issues of non-resident Americans have been addressed. There haveContinue reading “The Value of Participation is not about the Result; it Paves the way to Awareness & Education which must Come First”
Citizenship Taxation 