Attn: Former U.S. Citizens: Are you STILL or have you EVER BEEN a U.S. "Tax Citizen"?

Attn: Former U.S. Citizens: Are you STILL or have you EVER BEEN a U.S. “Tax Citizen”? — Citizenship Lawyer (@ExpatriationLaw) March 4, 2015 Synopsis: This is a long post. In fact, it is too long for the average reader. Therefore, I wish to summarize the purpose and possible (but not certain conclusion) of the […]

The United States of America – One country two citizenships – Introducing the "Tax Citizen"

Dual Citizenship – American style – All Americans are both “Citizens” and “Tax Citizens” One Country – Two Citizenships First Citizenship – Citizenship for Nationality Purposes Americans have always been proud of their U.S. citizenship. Most U.S. citizens regard their U.S. citizenship as the most valuable thing they have. Most Americans will fight for their […]

A simple regulatory fix for the problem of US citizenship taxation

Discussion @TAPInternation @FixTheTaxTreaty @Expatriationlaw moderated by @RobertGoulder: "Citizenship-Based Taxation: A Simple Regulatory Fix" via @YouTube — John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 27, 2021 Background In 2016 I first made the suggestion that citizenship-based taxation could be changed through Treasury regulation. In October of 2020 John Richardson, Dr. Karen Alpert […]

US citizens living in Canada will NOT pay US tax on $1200 US Cares Act payment but likely will pay US tax on Canada’s CERB Payment

Prologue – The Only Certainties Are Death And Taxes But are these payments taxable and if so by whom? "U.S. persons living in Canada could benefit from #COVID19 aid from both Canada and the USA" /via @globeandmail — John Richardson – lawyer for "U.S. persons" abroad (@ExpatriationLaw) September 21, 2020 The above tweet references […]

China does not have and is not moving toward US style citizenship-based taxation

Readers Digest Version: The Bottom Line Is … As reported by American Expat Finance, which discusses an interview with Dr. Bernard Schneider of Queen Mary … John Richardson Podcast: Dr Bernard Schneider, an expert in int'l tax law at Queen Mary U in London, says China does NOT have a US-style citizenship-based tax regime and […]

Renunciation is a process of transitioning from US citizen to nonresident alien. How does this affect your tax situation?

On June 25, 2020 Dr. Karen Alpert and I did a series of podcasts where we discussed how renunication will affect your interaction with the US tax system. The key point is that you will still be taxable by the United States on US source income. What does that mean? Under what circumstances could renunication […]

Does the US provide #Americansabroad any benefits? Shouldn’t US #expats who find US @taxationabroad onerous just renounce their US citizenshp?

This is a great explanation of why #FATCA is unfair & a huge burden on US citizens abroad#RepealFATCA — Lee (@ozmerica) June 1, 2020 On May 30, 2020 the following question appeared on Quora and prompted some interesting answers and discussion: As a defender of American “freedom”, how do you justify the fact that […]

Seeking short social media – twitter and facebook posts – explaining why @citizenshiptax and #FATCA are wrong

On June 3, 2020 I plan to do a podcast with Anthony Scaramucci of Skybridge Capital and SALT Conference fame. The June 3 podcast has its roots in the following @Scaramucci tweet which was the subject of discussion at the Isaac Brock Society. Win Win for U.S./Many of the NINE million Expats who may start […]

CARES Act Relief: How US citizen taxation leads to sending relief money to individuals outside the United States and denies relief money to individuals inside the United States

Introduction This post is based on my Quora answer to the question: “Do you agree with the policy of not issuing checks to US citizens who jointly file taxes with someone who has an ITIN?” Part I – Objective Analysis This post focuses on the class of individuals entitled to relief. It does not discuss […]

About #FATCA and @Citizenshiptax: Here is the @DemsAbroad Interview with @AmyKlobuchar on January 22, 2020

This is an interesting interview with an interesting candidate. But, it is very clear that Senator Klocbuchar (1) believes in FATCA and (2) has no interest in abolishing citizenship-based taxation. You can pick this up at the 27 minute mark. It’s interesting that the two candidates endorsed by the New York Times (Elizabeth Warren and […]