To U.S. Citizens Residing Outside The United States
Re: Continuing Efforts Of Republicans Overseas To End The Double Taxation Of Americans Abroad
Republicans Overseas continues to (1) recognize President Trump’s commitment to end the double taxation of Americans abroad and (2) remains committed to the goal of ending this double taxation. The goal cannot be achieved without the support and committment of the community of individual U.S. citizens living outside the United States.
Achieving changes of this magnitude is “NOT A Spectator Sport!”
Here is how the assistance of individual Americans abroad (wherever you may be) is required:
On behalf of Republicans Overseas, Republicans Overseas Tax Committee and Solomon Yue, I am reaching out to the community of U.S. citizens abroad seeking:
– written testimonials explaining how the U.S. tax code has resulted in double (and damaging) taxation in a manner that would NOT be experienced by U.S. residents
– examples could include: transition tax, GILTI, U.S. taxation of tax deferred retirement planning accounts, your pensions being unjustly taxed as foreign trusts, problems of using non-U.S. mutual funds for investing, PFIC, etc. We need specific testimonials describing exactly how the U.S. tax code imposed on Americans abroad leads to this result.
– penalties that have been unjustly levied on the failure to report (or late reporting) of the normal instruments of financial/retirement planning in your country of residence (Penalties imposed on TFSA, ISA, small business corps, etc.)
– taxation on phantom capital gains on the sale or refinancing of your home outside the United States
– having to pay the 3.8% Obamacare surtax on non-U.S. investment income while not being permitted to offset the foreign tax payable by using foreign tax credits
– being denied access to normal banking and brokerage accounts in your country of residence because of FATCA
– having your career opportunities limited because of a reluctance to hire, partner with, or invest with “U.S. persons”
– former U.S. citizens who feel they were forced to renounce U.S. citizenship because they could not afford the enormous compliance costs associated with U.S. citizenship or because the U.S. tax code limited their career opportunities
– other?
In other words, we want to document the actual damage!! I will assist you in drafting your testimonial so that it accurately explains HOW the U.S. tax code has resulted in double taxation.
Republicans Overseas is continuing its years long mission to end the unjust double taxation of Americans abroad. President Trump has committed to ending the unjust double taxation of Americans abroad. It is expected that there will be a second legislative opportunity in the fall of 2025.
Actual testimonials focusing on double taxation are critical. The testimonials are required by mid September 2025.
Please contact John Richardson if you are able to assist:
citizenshipsolutions@protonmail.com