FATCA and China
Posts on The Isaac Brock Society website concerning FATCA and China
For articles on other websites, see Media and Blog Articles
For general discussion of FATCA, see FATCA Discussion Thread
10: More translated materials on the tax residence and legal status of Chinese emigrants
09: China Daily responds to New York Times on alleged Chinese citizenship-based tax
08: No, China does not have citizenship-based taxation
07: China makes officials pledge to bring home overseas family members & give up foreign permanent residence or citizenship
27: China’s suspect FATCA agreement
26: More BS from the South China Morning Post on FATCA and China
14: FATCA and China: still no news, just opinions, fantasies, and bad analogies
14: Not “China FATCA”: foreign asset self-reporting under China’s new International Payments Statistical Declaration Regulations
24: So, how are those China–U.S. FATCA negotiations going?
14: The hilarious origins of the “China wants FATCA in order to fight domestic corruption” meme
04: China rejects America’s treasured National Origin Discrimination
22: Could China kill FATCA via @nigeljgreen
08: Little incentive for China to implement Fatca
28: China central bank official slams FATCA
19: US and China could play “fiscal chicken” under FATCA
08: China is NOT on the US Treasury list of 47 countries negotiating over FATCA
16: Are China, Russia, the EU and Switzerland poised to give in to FATCA?
Effect on the US citizenship of those travelling to China?
“Visa authorities are demanding Canadians of Chinese descent apply as Chinese nationals when traveling to China. “…..
“……….Since the Chinese government resumed its exercise of sovereignty over Hong Kong, the Chinese Foreign Ministry has been asking its overseas diplomatic missions to offer all-out services and assistance to Chinese citizens from Hong Kong living in foreign countries in accordance with the law, facilitating their travel, work and stay in all parts of the world.
This statement raises a few concerns of its own. The stress on “Chinese citizens from Hong Kong living in foreign countries” seems to dance around the question of the nationality of ethnic Chinese Canadians, or ethnic Chinese from any other nation for that matter. It can also easily be misconstrued, misinterpreted, or reinterpreted to any other number of meanings…….”
@badger: I posted a very long rant here
In short, I’m deeply unsympathetic. Kids born abroad only get Chinese citizenship by jus sanguinis if one of their parents was still on a non-permanent visa when they were born, thus avoiding most cases of “accidental Chinese citizenship”. They can renounce Chinese citizenship for CA$25 by mail and they still get to keep their Hong Kong residence rights. And if they just sit tight in Canada, absolutely nothing happens to them.
In contrast, the U.S. tramples all over the rights of unwilling duals in their other country of citizenship and The Diplomat refuses to touch the issue (the word “FATCA” appears a grand total of one time on their site, and then only because an interviewee brought it up.) Yet they give space to this guy to write totally uninformed BS like “That means that if these Canadians do indeed apply for Chinese citizenship to travel to Mainland China, then it could be argued that they are renouncing their Canadian nationality.”
posting this query here re FATCA and China;