USCitizenAbroad USCitizenAbroad blogs at http://www.uscitizenabroad.ca and at http://www.twitter.com/USCitizenAbroad Share this:TwitterFacebookEmailLike this:Like Loading...
HiAny one has real settlement on FBAR Penalty ? Really appitcraee if some one share their experience.I am in almost same position as KS and SS above, i.e. expat on H1B, filed in first tax return in 2008 (1040) through CPA, never came to know abt FBAR. 2009 I did myself, by turbotax but followed same way as earlier year. Now I heard and felt lot of noise pain about FBAR. I have my savings of 15 years worked at Hong Kong with HSBC though very negligible amount of income on it. I feel regret coming here when I think I have to pay penalty of balance of my life time savings.I am taking extension for 2010 to assess current last two year situation. KS, SS, can you please share your decision, how you are going to pursue this matter ? thanks
I hope you’re well. deVere Group’s founder and CEO, Nigel Green, has been nominated for the 2015 Business Ops Person of the Year award by FTF News. They felt his work and outspokenness about FATCA, of which he is a high-profile critic, should be recognised and honoured.
With this in mind, and because we all share a passion to have this damaging global law repealed, we would be very grateful indeed if you could ask your members, supporters and social media followers to vote for Nigel before March 25th.
They can do so here: https://www.surveymonkey.com/s/FTFAwards2015
deVere and Nigel Green thank you very much in advance for your support and we will continue to help raise awareness of this law’s fundamental flaws with the aim of having it ultimately repealed. His success in winning this award will, undoubtedly, further increase awareness for the campaigns to overturn this nonsensical tax act that negatively impacts so many people and businesses around the world.
Should you have any questions, or need further information, please don’t hesitate to contact me.
Thanks for your comment regarding Nigel Green, George Prior — and sincere congratulations to Mr. Green being nominated for the 2015 Business Ops Person of the Year award by FTF News. Mr. Green’s fostering of awareness for the story of FATCA is greatly appreciated by so many caught in the consequences of living abroad with some US-defined US citizenship / personhood.
My wish as the retired mother of an adult Canadian-born and raised son who has never lived in or had any benefit from the US, but who is entrapped into a US-defined US citizenship because the US will not allow a person with some *mental incapacity* to renounce and be free from all the yearly compliance consequences that come with a US citizenship / personhood:
If only, if only, some resources of Nigel Green and such others would go toward contributions for litigations in process for the required repeal of FATCA, what a big boost that would be — Mr. Green’s and other such name(s) and some financial resources to show *their support* of those adversely affected by this — those criminalized only because of their ignorance of US citizenship-based taxation law combined with an acquired US citizenship.
As I type, I am too aware of the many little people are making monthly contributions, some in Canada from their pension cheques and/or in any tax refunds from their Canadian tax returns and anywhere else a little extra can be scraped up to have the courts determine our rights in the countries in which we live. I personally get the feeling that those with deeper pockets may be choosing to only solve their own family issues with this absurdity — and then able to move on. I know that a bigger and stronger voice could be achieved if we could ALL (anyone who recognizes how wrong this is) work together toward the goal of FATCA’s repeal.
That support would be a boost to the perceived value by onlookers of the FATCA repeal fight and a needed boost to the spirits of many so affected — many without a voice at all.
I am asking for your help in contacting a deep pockets person, who hates FATCA, with the purpose of convincing this person to help pay the costs of our Canadian FATCA IGA lawsuit.
Many of you are angered (like me) that each day I have to ask pensioners and others with little or no savings to help fund our lawsuit. Our problem is that we have approached many deep pockets persons but all these efforts have resulted in failure — and we still depend on small donors.
Nigel Green of the deVere Group is a deep pockets person who is a FATCA hater — but he decided not to provide any funding for our Canadian FATCA IGA lawsuit when we approached him last year. Now George Prior (see above) asks us to support Mr. Green for the “Business Ops Person of the Year” and mentions FATCA.
You might wish to email both Mr. Prior and Mr. Green asking that Mr. Green translate his passion against the U.S. FATCA law into real action by helping to fund both the Canadian and U.S. FATCA IGA/FATCA lawsuits.
I am unaware of any email address for Mr. Green (there is however email access to the general DeVere firm) and you might try to reach Mr. Green via Mr. Prior, and Mr. Prior directly via this website (http://priorconsultancy.co.uk/) and perhaps by responding on Brock to Mr. Prior’s comment above. You might also discover better e-mail addresses.
If you do send an email, please be courteous.
@ George Prior
We owe a lot to Nigel Green for all the brilliant articles on FATCA that he has written. This is the very first one I was directed to by the Brock website. It was written in late 2012.
At that time FATCA articles were few and far between and it was so heartening to find someone with the prestige of Nigel Green backing up our conviction that FATCA is bad legislation. I wish I could vote for him for this award but the rules say only business people can vote so he will have to make do with my best wishes, if you will kindly pass them along.
Like calgary411 and Stephen Kish I hope that those with bigger pockets will step up to help with the funding of the ADCS lawsuit. My husband and I are small pocket people and yet every month, like MANY others, we turn our pockets inside out so we can donate to the ADCS fund. It would be wonderful to see what we call the Sovereignty Thermometer rising at a faster rate, although so far it has managed to reach the top before each deadline, thanks to the support of what might be hundreds of people (we really don’t know how many exactly).
Thanks for dropping by at Brock and GOOD LUCK to Nigel Green!