A recurring theme with FATCA is that Americans living in America simply don’t care about the problems the act creates for Americans living abroad. But maybe they should… Advertisements
The argument in favour of the US’s citizenship based tax system has long been that citizens benefit from having an American passport, even if they don’t live in the United States. But for many expats, FATCA is tipping the balance … Continue reading
I wrote the other day about an article in the New York Times that was critical of FATCA. One reader let me know that the article may have hinted at more going on…
The New York Times recently published an article denouncing FATCA and the burden it places on expats and foreign financial institutions.
There are only two countries in the world that have a Citizenship-based taxation system, the United States and Eritrea. So let’s take a look and how the world reacts when a country without global political clout does it…
While author Richard Rahn is making this a partisan issue by placing the blame squarely on Democrat shoulders and calling it an effort in “wealth redistribution,” he does write a refreshingly raw piece that does a good job of expressing … Continue reading
The Vancouver Consulate is now officially backlogged in its requests for renunciation of US citizenship.