This is a continuation of the post “Part 9: Responding to the Sec. 965 “transition tax”: From the “Pax Americana” to the “Tax Americana” cross-posted from citizenshipsolutions by John Richardson The first portion of the post was published here. Links to the first eight posts in my “transition tax” series are listed at theContinue reading “Part 9-2: Responding to the Sec. 965 “transition tax”: From the “Pax Americana” to the “Tax Americana” (cont)”
Tag Archives: extraterritorial laws
Congressman Bill Posey asks Treasury Secretary Mnuchin to deal with #FATCA
Persistence pays off! Suzanne Herman, a long-time Brocker, never gives up & look at the result! We need more of this kind of thing! BRAVO!!! See the original here September 29, 2017 The Honorable Steven Mnuchin Secretary of the U.S. Department of the Treasury 1500 Pennsylvania Avenue, NW Washington, DC 20220 DearContinue reading “Congressman Bill Posey asks Treasury Secretary Mnuchin to deal with #FATCA”
#FATCA and the Canadian Charter of Rights and Freedoms
The initial reaction of the Canadian government to FATCA can best be described by a letter then-Finance Minister, the late Jim Flaherty wrote, intended to be placed in major American newspapers.Virtually no one believed there would be any reason for the U.S. to impose this given Canada is a higher tax jurisdiction and owingContinue reading “#FATCA and the Canadian Charter of Rights and Freedoms”
Anti #FATCA BRIC nations building political clout and alliance
BRICS:Will the rise of this coalition of countries bring down the USD as the world's most powerful reserve currency? https://t.co/vUjvk1dJs3 pic.twitter.com/dZD0eBAgPG — Patricia Moon (@nobledreamer16) June 5, 2017 //platform.twitter.com/widgets.js We all spend tons of time wondering what individual effort might bring down FATCA. Will the Congress come to its senses and pass the Meadows/RandContinue reading “Anti #FATCA BRIC nations building political clout and alliance”
Hands Down this is the Worst Academic Piece About FATCA ever Written
CONSIDERING "CITIZENSHIP TAXATION":IN DEFENSE OF #FATCA– Hands Down Worst Academic Piece About FATCA ever Written https://t.co/qYvsrzpEyL — Patricia Moon (@nobledreamer16) May 27, 2017 Profesor Paul Caron, on his TaxProfBlog posted the following article: CONSIDERING “CITIZENSHIP TAXATION”: IN DEFENSE OF FATCA 20 Fla. Tax Rev. 335 (2017): by Young Ran (Christine) Kim IfContinue reading “Hands Down this is the Worst Academic Piece About FATCA ever Written”
IRS Claims Statutory Authority for FATCA Agreements Where no Such Authority Exists
The US has spent decades maximizing the power of the presidency and eroding most limits on executive power. These are the fruits of that: https://t.co/iBLfBxP2As — Glenn Greenwald (@ggreenwald) November 23, 2016 //platform.twitter.com/widgets.js A lot of discussion has taken place recently as to what (if anything) might happen with FATCA & the IGAs givenContinue reading “IRS Claims Statutory Authority for FATCA Agreements Where no Such Authority Exists”
How the “assistance in collection” provisions in the Canada US Tax Treaty facilitates “US citizenship based taxation”
cross-posted from Citizenshipsolutions 5 US Tax Treaties where "treaty partner" agrees 2 assist US 2 collect taxes on residents of treaty partner country https://t.co/sxElCTAvlr — John Richardson – Counsellor for US persons abroad (@ExpatriationLaw) October 19, 2016 The above tweet references the comment I left on an article titled: ” Why is the IRS CollectingContinue reading “How the “assistance in collection” provisions in the Canada US Tax Treaty facilitates “US citizenship based taxation””
Principles of Treasury’s (reserve currency) War used by private plaintiffs – U.S. law determines who non-U.S. banks can do business with
I was reading an article this evening which reminded me I had never taken the time to really learn what was involved after World War II and the Bretton Woods. I need to trace back to a point before the IMF and the OECD were involved in developing globalization policy, especially when countries signContinue reading “Principles of Treasury’s (reserve currency) War used by private plaintiffs – U.S. law determines who non-U.S. banks can do business with”