It’s seems to take a couple of months for them to be published, but here’s the link to the Federal Register for those who would like to check periodically. Anyone care to make a guess what they would be? I say 850 Q1.
https://www.federalregister.gov/articles/search?conditions%5Bterm%5D=Section+6039G&commit=Go
Expat4Ever: thank you very much. I try very hard to make sure I give people enough information to move to other countries!
@rødgrød: Just so. The 8854 question I answered “no” to goes roughly:
“Do you certify, under penalty of perjury, that you have complied with all of your US tax obligations for the past five years?”
I imagine that most of the discerning readers here can spot at least one problem in saying “yes” to the above, and one they just don’t need.
For the permanent record, now that I’m a “covered expatriate”, I’ve been very “willfully” not filing assets&income statements to the IRS annually. The penalty for willfully failing to file is $10k per instance, with a horizon of 10 years. I suppose that means that if I tried to cross a US border today I’d be thrown into the gaol until someone dropped $40k on Uncle Sam to free me. Plus costs of arrest and incarceration, of course.
@ mike I asked a question like this at Phil Hodgen’s blog. They say there is no debtors prison, not yet, in the United States. It seems unlikely that they would arrest you until you paid up. They may refuse entry.
Thus, I would not risk an expensive prepaid vacation in the United States. Say you have a cruise that sets off from Galveston or Miami, and the border guard doesn’t let you into the country. That’s a lot of money down the drain. But if my dad is ailing and I have to go see him, well I might risk it. My sister, a lawyer, could check to see if their are any warrants for my arrest.
I avoid the US now as a backlash, not because I’m afraid of being arrested. But I’m causing so much trouble here at Isaac Brock, they are likely to give me hell at the border or use a smart bomb to kill me, like they did al-alwaki. They claim the right to kill citizens. I’m not a citizen any more. So they have the right to kill me too, a fortiori.
Agree with the scepticism on this thread – These numbers represent only the “covered expatriates”. I think that the real number will be in excess of 10,000 this year and will increase exponentially in the next two years as FATCA becomes really public and the other 5 million people who had no idea get clued in…