How citizenship-based taxation steals from the treasury of other countries: PFIC Edition
Cross posted from RenouceUScitizenship Warning!! If you don’t want to read this whole post, but want only to understand the bottom line, read this comment. – Furthermore, if you care about your fellow man, spread this information far and wide! US uses #americansabroad to exact tribute from other nations isaacbrocksociety.ca/2012/06/12/the… and #PFICs + renounceuscitizenship.wordpress.com/2012/06/12/how…#FBAR #FATCA