Canadian warns U.S. citizens abroad of new tax collector | The Toronto Observer http://t.co/LsqHJBFR4A – #FATCA awareness increasing
— Citizenship Lawyer (@ExpatriationLaw) February 25, 2014
This article appeared in the Toronto Observer which is a paper published through the journalism program at Centennial College in Toronto. It’s great to see awareness of FATCA and citizenship-based taxation expanding.
The article includes:
Former American Peter Dunn wants Americans living in Canada to ask themselves an important question.
“Am I really an American citizen?”
Dunn, 50, has recently co-founded the Isaac Brock Society, a group raising awareness about the Foreign Account Tax Compliance Act (FATCA). Dunn settled permanently in Canada in 1994.
FATCA, designed to hinder tax evasion, forces American-Canadian residents to file taxes with the Internal Revenue Service (IRS). Dunn believes FATCA takes advantage of Americans abroad.
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