FATCA and Australia – Part 1 of 2
January 2020: This thread continues at FATCA and Australia – Part 2 of 2.
Let’s Fix the Australia/US Tax Treaty! The Australia/US tax treaty needs urgent revision to prevent double taxation. Get involved at www.FixTheTaxTreaty.org
Posts on The Isaac Brock Society website concerning FATCA and Australia
For articles on other websites, see Media and Blog Articles
For general discussion of FATCA, see FATCA Discussion Thread
For links to some websites and contact info (government, organisations, tax information), see Australia Information Links
***If clicking on a comment link brings you to the wrong page, click here to get on the most recent page of comments. (alternatively, to reach the most recent comment page, go to the url in the bar at the top of your browser and delete everything after October 2018
25: John Richardson and Karen Alpert Session in Brisbane Australia Oct 25, 2018
01: U.S., U.K., Canada, Australia and Netherlands form international tax enforcement group
08: Investing with One Hand Tied Behind Your Back – an Australian Perspective on United States Tax Rules for Non-Resident Citizens
18: Australian Greens Senator @LarissaWaters resigns because of her CANADIAN place of birth-Too bad she was born in Canada
13: What Lessons Can Be Learned from the Sad Stories of “IRS Compliant” Australians Shaun and Mary?
30: “Solving U.S. Citizenship Problems” – Online January 9, 2017 (Australia)
25: Let’s Fix the Australia/US Tax Treaty!
15: Australia: Dealing with Superannuation
19: #Australia funds America’s #FATCA #Ethnic Identification System
27: Last Day to make a FATCA submission to the Australian Govt
28: Australian Government wants YOU to tell them what to do about FATCA
20: Australian Financial Services Council lobbies Washington for FATCA exemption
Poor Dr. Nathan appears to have no idea. He should renounce ASAP and tellthe IRS to fuck off.
I wrote to him about our situation.
Maybe ask those pollies why they signed this unilateral “agreement” with the USA ??? Why did they all yield and say “sure” for the USA? Is Australia a real country, OR a polly anna, wimp for the USA? A lap dog who yes, yes, yes, Mr Yes Man?
That’s the sour reality in all those “sovereign” “countries”–they ALL signed up and sold YOU out.
Sophie v’in Veld is/was SPOT ON.
It is certainly the time for any and all “sovereign” countries–IF they have a shred of respect, integrity, and decency to tell the USA to F-CK OFF. Tell the IRS to F-CK OFF. Who will stand up and do this? Which country/countries?? WHO?
Who will stand up? Maybe France … https://www.politico.eu/article/accidental-americans-emmanuel-macron-backs/
New post on fixthetaxtreaty.org – Part 1: Our FOI Journey – Challenges & Pitfalls
Call to Action from our overseas representative to the US Taxpayer Advocate Service: Sign petition to New Zealand Government to withdraw from FATCA:
Petition to NZ Parliament to withdraw from #FATCA. You do not need to be a NZ citizen to sign (indeed, I am not a NZ citizen + I signed). So please sign!
PS: Has anyone read these? If the mods want to move it elsewhere, feel free.
We are crowd-sourcing a list of US tax preparers who are willing to take the position that (at least some) superannuation is equivalent to Social Security (and exempt from US tax under article 18(2) of the treaty). If you’d like to contribute (all edits are anonymous) see http://tinyurl.com/super-is-ss
I got this notice from “Gerry” in my email but when I click any of the links, I’m not taken to his post. What’s going on?
I’ve tried to post this before but have not been successful. Hopefully this works.
I was an accidental American. I renounced my US citizenship about 2014 and now just have my Australian.
I was born in Australia to a US parent.
I never had a SSN. I never filed a US tax return.
I am now mid 40’s.
I am well off financially, income and wealth.
I have a family.
i live in terror and fear from the IRS.
I filed a 8854 form but did not file tax returns.
I would have if i could but my financial affairs were just way to complicated.
I never plan to go to the US.
I have some US shares.
I am Australian.
I dont know what i would do if they came after me.
I am a covered expatriate (i think the term is).
I would like help with understanding:
– how often does the IRS come after people like me? has anyone on here been contacted/chased/audited/etc?
– if they do – what is their authority to impose fines and costs and orders?
– will the Aus govt enforce it?
Any insights or real experiences would be immensely appreciated.
Gerry’s comment is on FATCA and Australia – Part 2 of 2. Commenting should have been closed on this lengthy thread when Part 2 opened, so, shortly after Gerry’s comment was posted yesterday, it was moved to Part 2.