— John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) December 1, 2014
Just received this article in written by Jackie Bugnion and Roland Crim pdf format. Jackie was in Toronto on May 2, 2014 for the ACA Conference on the Taxation of Americans Abroad. (The conference was a great success leading to many things including David Kuenzi’s New York Time’s Op-Ed explaining that the application of the FATCA rules to Americans abroad is absurd. You will find a report on the Conference here.)
This newest article is an exceptionally clear statement of the problems facing Americans who choose to live outside the United States. The problem is that by moving form the United States and by being subject to the U.S. tax system that are:
1. At an extreme disadvantage when it comes to retirement planning; and
2. When it comes to U.S. taxation abroad – getting the worst of both worlds.
Here is the article: