The IRS is coming up with a proliferation of new rules and reporting requirements. FATCA legislation introduced Form 8938 to duplicate the Bank Secrecy Acts’ unconstitutional FBAR. Then the US announced both KFOR and FCTR. Now there is a new tax form requiring that man’s best friends of US origin also file a 1040-K9 (NS) (via :@FATCAed):
Some aboriginals in Canada that are under the right the circumstances exempt from Canadian taxation may nevertheless be US persons.
The IRS has made a clear statement with regard to the tax exempt status of Native Americans:
This revenue ruling emphasizes to taxpayers, promoters, and return preparers that there is no right to exemption from federal income tax for Native Americans under an unspecified “Native American Treaty.” Any return position based on an unspecified “Native American Treaty” has no merit and is frivolous. As a general rule, Native Americans are subject to federal income tax just like every other American.
This would mean that any claim to tax exemption on the basis of Canadian tax law would also be frivolous. Now it may be interesting to cite Article 25 of the Canadian Charts of Rights and Freedoms:
I spoke to David Kennedy of the Toronto Observer about The Isaac Brock Society. Here is the money quote:
I’m scandalized by the fact that the Canadian government signed the IGA,” he said, “and basically, in writing, accepted that the U.S. has the right to assert their sovereignty over Canadian citizens… The Isaac Brock Society is doing what the government won’t do—and that is protect people living in Canada.
The Strengthening Canadian Citizenship Act will formally empower the government of Canada to revoke the Canadian citizenship in certain cases. According to the Toronto Star, certain crimes may result in the stripping of Canadian citizenship from dual citizens:
Under the proposed changes, citizenship can be revoked from dual nationals convicted of terrorism, high treason and spying offences, or who take up arms against Canada. As well, permanent residents who commit these acts will be barred from applying for citizenship.
The Star failed to mention one crime which has already resulted in effective stripping of Canadian citizenship: Being of US national origin.
I really feel sorry for Norway and the Netherlands.
This summer, major portions of the controversial US Foreign Account Tax Compliance Act come into effect. What will it mean for Canada? We met with Professor Allison Christians of McGill University to talk international tax, individual privacy, and national sovereignty.
While we’re at it, everyone should go and download Allison Christian’s law articles and put her on the scholarly map (her ranking increases with more downloads):
UPDATE: Well, crap. I think Pacifica just blew this post out of the water with her comment below.
Saturday evening we enjoyed the annual fund raising dinner of the Georgetown Rotary Club of which my father-in-law is a member. Before the meal, we sang the Canadian national anthem. I found myself fighting back tears. The Harper’s government signed an Inter-governmental agreement to betray banking information to the IRS of US citizens living in Canada, thus enforcing FATCA, an extraterritorial law made in Washington–a law which claims global jurisdiction over bank account information. Since many of these so-called “US citizens” are Canadians living on Canadian soil, they are part of that collective nation we call “Canada”. “True patriot love in all thy sons command!” Yet clearly, the current elected leaders have cynical intentions: money is more important to them than protecting Canada as “the True North strong and free”. I sang with a heavy not a “glowing heart” as I see Canada’s sovereignty weaken and her freedom diminish.
“From far and wide”, means that Canada consists of every citizen who lives within the borders of this country, from Atlantic to Pacific.
I often find myself in discussion with some Homelanders and Obama supporters about whether US citizenship-based taxation is a human rights abuse. Below is my argument, first published August 21, 2012, to say that it is unfair. Now I argue that with the implementation of FATCA, the USA has become a serial human rights abuser. Clearly, most people of reasonable conscience accept these kinds of arguments. Even yesterday, I manage to get a chuckle out of an AP reporter who was asking for my story. I mentioned my birth in Chicago, Illinois, and moving as a baby to Alaska. Off the cuff, I said, “Yet Illinois isn’t chasing me around the globe expecting me to pay state income tax.” That’s because once you leave a state, you can no longer benefit from the proceeds of taxation. It is a no brainer. Yet it is not self-evident to Congress and the IRS, which are pursuing US expats across the globe with FATCA regulations in order to make them pay taxes for the benefit of Homelanders.
This Could Destroy the Lives of Millions
Another Brocker in the news.
