Top Blog Posts
Have you just learned that you are subject to U.S. #worldwidetaxation? "What you should consider before contacting a lawyer" https://t.co/AfPoXeI660 via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
Relinquishing U.S. citizenship can cost far more than the $2350 USD fee. It may cost a percentage of your assets including pension: "Renouncing US citizenship? How the Sec. 877A "Exit Tax" may apply to your Canadian assets - 25 Parts" https://t.co/TyXIrhCmWE via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
A do it yourself book of posts: "Coming Into Tax Compliance Book" - How Americans can come into U.S. tax compliance in a FATCA world" https://t.co/qKf9aYCear via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
In 2004 the United States created the "tax citizen". US citizenship has never been the same: "Renunciation is one form of relinquishment - It's not the form of relinquishment, but the time of relinquishment" https://t.co/Jmy78prQlJ via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
When it comes to #GreenCard abandonment @taxresidency and Sec. 877A Exit Tax you can learn a lot from Mr. Topsnik. Here is Topsnik 1: https://t.co/0pIerUj3Wv followed by Topsnik 2: https://t.co/hbIagM9iQv
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
When in Rome, live as a Homelander: "How #Americansabroad Can Live Outside The United States In An #FBAR And #FATCA World" https://t.co/3e2EBpzc5s via @taxconnections
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
The @USTransitionTax is the retroactive "taxation" by creating "fake income" on the pensions of certain Canadian residents #YouCantMakeThisUp! "Americans Abroad And The Transition Tax – Leaves Taxpayers In Tough Situation" https://t.co/NKVch6h81E via @taxconnections
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
Considering renouncing US citizenship? "Letter To The Senate Finance Committee On The Effects Of The @USTransitionTax On #AmericansAbroad" https://t.co/vQ2YNnLtrR via @taxconnections
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) October 31, 2018
"The biggest cost of being a "dual Canada/U.S. tax filer" is the "lost opportunity" available to pure Canadians" https://t.co/SZjNRSUEin via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
A truly tragic story: "Men are not prisoners of fate, but only prisoners of their mind - RIP @Marciovp - @ADCSovereignty" https://t.co/2xIWmHOn9w via @ADCSovereignty
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
So, you have received bank letter asking about your tax residence for CRS or FATCA - A @taxresidency primer https://t.co/KfSxeQGUSZ via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
In US a noncitizen can be a "tax resident" and be taxable on #worldwide income with no right to live in US: "#Greencard abandonment: The safe disposal of the US "permanent resident" visa without triggering the S. 877A Expatriation Tax" https://t.co/TPgKICkSAm via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
The circumstances of your birth should not determine the outcome of your life. Or should they? "Taxation of #AmericansAbroad in the 21st Century: "Country of birth" Taxation vs. "Country of Residence" Taxation" https://t.co/6S3JGLFQUA via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
See no evil. Hear no evil. Speak no evil: Wisdom of "Three Monkeys" explains why: Although there is little support for "citizenship-based taxation" repeal is difficult https://t.co/PzDZen5Py0 via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
The definitions of BOTH taxation and citizenship have evolved so that pairing citizenship with taxation has resulted in "The Perfect Storm": "Part 2: Cook v. Tait 1924 - The evolution of Citizenship, Taxation and "Citizenship Taxation" https://t.co/uVeRI0mRl4 via @ExpatriationLaw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
Q. Why are people getting rid of their US citizenship? A. It's because of the "10 Commandments of U.S. Citizenship" in a #FATCA and #FBAR world by John Richardson https://t.co/cbjEJ91Ijw
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 3, 2018
All you need to know about the Sec. 965 @USTransitionTax - but didn't/couldn't know enough to ask. It's not that the USA doesn't care about #Americansabroad. It's that they don't care that they don't care! https://t.co/qTStOy2dbt
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019
Considering renouncing US citizenship? #citizide: My answer on Quora to: To any American Expats living overseas, did you give up your American citizenship when you moved long term? Why or why not? https://t.co/wCcj0UNR7b
— John Richardson - lawyer for "U.S. persons" abroad (@ExpatriationLaw) January 19, 2019