— U.S. Citizen Abroad (@USCitizenAbroad) December 12, 2012
The above tweet links to a very blog post. As is usually the case, the comments are far more interesting. What follows is Mr. Mopsick’s collection of thoughts:
Here are some miscellaneous thoughts, some of which may contradict the others in response to the most recent comments posted on my blog:
1. No one at the IRS except Nina Olson is paying any attention at all to the tax plight of Americans abroad. Expect more of the same for the year ahead.
2. The IRS is scrambling as fast as its muscle bound bureaucratic hide can, to implement a very, very tough law (FATCA and FBAR enforcement) while at the same time, it looks like negative PR fallout is of no real concern right now to the people at the top of the organization.
3. Many cross border tax lawyers and accountants have little experience with IRS enforcement and are either trying to panic people because of their own greed and self-interest or by inadvertence.
4. Some people are neglecting to use common sense when approaching their imagined impending doom at the hands of the IRS. While each person’s facts are unique, If you haven’t had any connection to the IRS or U.S. source income since the 1960’s you can probably rest easy. People’s fear of government is not always rational but it makes for great discussion and debate.
5. There is no one in Washington looking out for tax justice for Canadians. If you want something to happen here you must look to your own elected Canadian officials to do the jobs your votes gave them.
6. The Canadian Civil Liberties Union is a great organization and the referenced article has reminded me to renew my ACLU membership as soon as possible.
7. I agree that a lot of Canadian Grannies are worried but its not because the IRS has armed special agents surrounding their nursing homes. There are no cases out there in which the IRS is targeting people just to prove how stupid and heavy handed they can be. If there were you are correct. I may not know about them but you would, because they would be the poster children of the anti-FATCA movement. Where are the actual cases and controversies involving IRS over reaching?
8. FATCA may be only a symptom of a much broader phenomenon: the 21st Century may mark the beginning of multiple virtual international data bases, banking being only one of them. History will tell.
I agree with him. It has been a year. There has been NO indication of an attempt by the IRS to allow U.S. persons abroad to come into compliance (without the threat of penalties).