— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) March 31, 2022
Few US residents are aware of US citizenship-based taxation and FATCA. Legislative change will be aided by educating US residents and politicians about US citizenship-based taxation, FATCA and how they interact.
Citizenship-based taxation is a form of taxation where the USA imposes direct taxation on income earned outside the United States by individuals who do not live in the United States. FATCA is the law that is the enforcement tool for citizenship-based taxation.
It's difficult to explain the problems of @citizenshiptax and #FATCA. I have compiled a "one stop resource" where you can easily refer people. Please share widely! It includes the massive efforts and advocacy for the last decade. https://t.co/rP9MSxrlOK
— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) March 27, 2022
In order to provide a summary of resources which can be used to better explain US citizenship-based taxation and FATCA, I have compiled the following resources.
Please circulate this link widely!