Cross posted from RenounceUScitizenship As FBAR enforcement grows, it is inevitable that various aspects of Mr. FBAR will be subjected to constitutional scrutiny. Although it will take time, Mr. FBAR will certainly be invited for lunch by the Supreme Court of the United States. The FBAR rules apply to U.S. persons regardless of where they
IRS Commissioner Douglas Shulman, on Thursday (April 5), in a question and answer session at the National Press Club in Washington, indicated he would step down when his term expires in November. As we have all heard before, he repeates the numbers of how many have come forward (33,000) and how much they have collected
Cross posted from RenounceUScitizenship It’s no secret that U.S. Green Card holders and immigrants have been among the biggest victims of OVDP and OVDI. For countless immigrants, the “American Dream” has turned into the “American Nightmare”. Imagine coming to a country – let’s call it “Form Nation”. Imagine not being told about the tax and
Lately, I keep hearing people say that ignorance of the law is no excuse and it does not constitute “reasonable cause” in the eyes of the IRS. Both notions are false with regard to the Foreign Bank Account Report (FBAR).
On January 25th, I posted a story of the “Opt Out” success of a Minnow with the alias of Moby. It was under the title of An OVDP Minnow “Opt Out” Success by Moby If you are not familiar with his story, I would suggest that you read that post first to bring you up
As those of you who have seen The War of 2012 know, The Movie ends with signing of a New Declaration of Independence in front of the American Embassy in Ottawa on July 4, 2012.
The IRS uses the threat of severe FBAR penalties to frighten taxpayers into the Offshore Voluntary Disclosure initiatives (OVDI). Thanks to a document uncovered by Showdown, we now know that the IRS is bluffing. This is an example of bad faith.
…if other countries were to copy the US citizenship taxation model as a delusional answer to their current deficit problems? This is the 3rd in a series by Andy Sundberg, Overseas American Academy, Geneva, Switzerland, 6 January 2012. Numbers 1 and 2 are here and here.
As “US persons” abroad there is one thing that we all have in common: we are all vulnerable to the US government and subject to the whims of politicians and a tax code from a distant foreign country, who do not represent us as overseas citizens yet still subject us to their laws as if
For transporting us beyond Seas to be tried for pretended offences … Accusation against King George in the Declaration of Independence
