There is a good article on The Hill about the complaints that are being directed to Republican Lawmakers about IRS abuse. Apparently, or so it says, Democrat’s are not getting the same feed back. While both parties have criticized the IRS’s actions, it has mostly been Republicans reporting possible wider abuses. Asked whether her office had received
The Government Printing Office has finally published the 284 pages of the Congressional Progressive Caucus’ bill we discussed earlier this month. For those who don’t recall, this bill includes provisions, as the CPC put it, to “Close Exclusion of Foreign-Earned Income Loophole”. I won’t bother quoting this bill at length since there’s nothing surprising in
On Tuesday February 12, 2013 Brian Mulroney spoke at Toronto’s Rotman school of business. It was interesting, engaging and a reminder of why he was so much fun to listen to, from 1984 – 1993 when he was Prime Minister of Canada. The topic of the discussion was the Canada U.S. Free Trade Agreement. Fascinating history. This
On December 7th, Eric put up a post entitled FATCA: Facilitating Attacks by Terrorists on Citizens Abroad In that post, he referenced an excellent article out of Lebanon highlighting what I call FATCAs FATAL FLAW – Security (note new link) If you have not read it, it is MUST READ material for all that are concerned about this
This is excerpted from a post at RenouceUScitizenship. Feel free to participate in the poll about U.S. the benefits of U.S. citizenship there. Could you also comment specifically on whether you believe that the U.S. government by its very nature benefits its citizens abroad.
Chris Banescu at the American Thinker laments, Win an Olympic Medal, Pay the IRS, and concludes that citizenship-based taxation puts US athletes at a disadvantage, citing American for Tax Reform: Not only do our Olympic athletes have to pay taxes on their medals and prizes – chances are their competitors on the field will face
The Miami Herald had this story in the Sunday paper. (Hat tip to Roger Conklin) Under new IRS disclosure regulations, details about U.S. bank accounts held by foreign nonresident depositors could be shared with their home governments. As a result, bankers say hundreds of millions of dollars have left Florida since April. What is interesting
Some of you have been looking for this information for a loong time. Well here it is. As many you know the data pre 1994 and post 1997 is not necessarily the same and I decided not to include 1995 to 1997 at all due to well known issues with those years. 1962- 1,234 1963-
A reader posted a comment with this article: Free Advice to My Schoolmate Barack Obama: Want to Grow Exports and Create More Jobs? Don’t Tax Americans Abroad Dr. Saud Al-Ammari is Managing Partner, Saudi Arabia & Gulf Region, Blake, Cassels & Graydon LLP, Al Khobar, Kingdom of Saudi Arabia. He has experience in a wide variety
According to an Associated Press report from Moscow, U.S. Trade Representative Ron Kirk stated in a speech to the American Chamber of Commerce in Russia that “it’s necessary for us to lift Jackson-Vanik”. There doesn’t seem to be any transcript or video of Kirk’s speech, but you can see the AmCham page about the event
