- Taxes for Expats Some good information about tax requirements and news for expats.
- ExpatForum: Canada An active forum for other expats living in Canada. Also contains areas for expats living in other countries. Lots of helpful people with excellent resources to share.
- Renounciation of US Citizenship A web guide to the taxation situation and renouncing US citizenship.
- The Isaac Brock Society A group blog on issues for US expats.
- Canadian Regulations (1)
- FATCA (33)
- FBAR (18)
- OVDI / OVDP (6)
- US Citizenship (7)
- US Taxes (13)
Category Archives: FATCA
Would Americans care if they knew where their taxes were going?
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…
Posted in FATCA, US Taxes Tagged FATCA, Tax Refund 4 Comments
Getting harder for American expats to open bank accounts
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
Posted in FATCA Tagged FATCA, Foreign Account Compliance Act 6 Comments
FATCA and the unfair advantage
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…
Posted in FATCA Tagged FATCA, Foreign Account Compliance Act, World Trade Organization, WTO 5 Comments
FATCA finally gets some negative press in the US
The New York Times recently published an article denouncing FATCA and the burden it places on expats and foreign financial institutions.
Posted in FATCA Tagged Brian Knowlton, David Jolly, FATCA, New York Times 1 Comment
FATCA hits the opinion page of the Washington Times
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
Posted in FATCA Tagged Carl Levin, FATCA, Foreign Account Compliance Act, Richard Rahn Leave a comment
Yet another article demonizes those trapped in the FATCA nightmare
David Voreacos has written an article hailing the success of the IRS’s charges against banks like UBS (which has made it nearly impossible for expats living in Switzerland to find banks willing accept them as customers).
Posted in FATCA, OVDI / OVDP Tagged ACA, American Citizens Abroad, David Voreacos, Marylouise Serrato 4 Comments
Banking industry in the UK not as worried as they should be, says Schroders’ managing director Robin Stoakley
In interacting with US expats around the world, the single greatest complaint I hear coming from the UK is that their government is doing little to support them.
Posted in FATCA Tagged FATCA, Foreign Account Compliance Act, Robin Stoakley, United Kingdom 2 Comments
BlogTalk show for expats in Canada
If you follow the comments on this site, you may be familiar with Cafreeb. Like many US citizens living in Canada, she is very concerned about FATCA and the privacy concerns of FBAR, and she has created a BlogTalk show … Continue reading
Posted in FATCA, FBAR Tagged BlogTalk, FATCA, FBAR, Foreign Account Compliance Act, Foreign Bank Account Report 2 Comments
U.S. plan to hunt tax cheats could burden Canadian banks
Barrie McKenna has an article up that provides a good overview of the FATCA situation and some of its unintended consequences.
Posted in FATCA Tagged Barrie McKenna, FATCA, Foreign Account Compliance Act Leave a comment
Here’s why foreign banks will shun American business
I wrote yesterday about banks starting to pull their investments out of US markets in response to FATCA. Many banks are already refusing to deal with Americans entirely.
Posted in FATCA Tagged FATCA, Foreign Account Compliance Act, Form 1099, Larry Elkin 5 Comments