#FATCA-Just Another Form? http://t.co/vZVDHXx2Yj Welcome to the Universe of the Condor- “Wonderful World of Forms, Threats and Penalties”

— Patricia Moon (@nobledreamer16) November 26, 2014

@USCitizenAbroad posted this comment on Brock but I am giving the comment its own thread so that it is not lost.

Even though Canadians rounded up and turned over by FATCA to the IRS are advised NOT to go to these people for help, for example, on whether they should or should not comply with laws of of a foreign government, or whether they are in fact a U.S. person, some will go stampeding to “Form People” for that first pass advice.

Form People (also known as “compliance condors” or “compliance vultures”) are mostly honest and hardworking, but they live in a special world — a world in which forms are sacred.

@USCitizenAbroad says this about Form People:

Continue reading →

I believe that the two Withers LLP employees are absolutely honest, from their perspective, when they made their statement that “FATCA… is just another form”.

Here is their Thanksgiving Message to all of us, a reply from @EmBee, and my short email to one of the employees:

Continue reading →

I am posting this on behalf of a group of Brockers led by Charl that has written and posted a hard-hitting, to-the-point article on Naomi Wolf’s “Cloudt” Facebook page. Naomi Wolf is the author of a book entitled The End of America which lists ten steps that are bringing America ever closer to the brink. The article informs readers of an “Eleventh Step” hence the title of the article as posted at Cloudt: “The End of America”: The Eleventh Step. For publishing here at Brock and elsewhere Charl, LM and MuzzledNoMore have chosen an alternate title: America: Behind the New Berlin Wall. They want to thank their editors for their assistance as well as Gwen for her technical expertise.

https://www.facebook.com/naomi.wolf.author/posts/1497154923896906

Posting here for further discussion: https://isaacbrocksociety.ca/consulate2/comment-page-36/#comment-4379627

It is apparent procedures and even specific questions to us from those asking will vary from one “foreign financial institution” (better known as our local CANADIAN banks, credit unions, insurance companies, etc.) to another, not to mention one country to another. Sort of like our experiences at US Consulates around the world — not necessarily the same experience for one person than another!

KCam says
November 20, 2014 at 11:55 am

Just following up on the RBC issue for anyone that is interested. RBC froze access to my new DI account until they see my CLN. They allowed the money to come in, but then froze it! They want this because they did not like that I answered positively to “born in the US” on one form and filled out a W8 Ben saying I am not a US citizen (because I relinquished prior to 1995 through government employment.)

So, I figured I’d give them a chance to resolve:
1. By not worrying about it because TFSAs and RRSPs are not reportable and that is what I ahve in the account, or
2. By allowing me to provide “reasonable explanation” other than a CLN that explains why I am not a US citizen, and by showing that I am not required to have notified the state department of my renunciation because it occured prior to 1995.

After several phone calls, the bank advises that they will not accept anything other than a CLN. Further, while RRSPs and TFSAs are not reportable, their policy is collect the paperwork regardless. This means my only option is to liquidate or transfer my account to have access to manage my funds prior to receiving a CLN.

Does anyone have experience with a Canadian FI that would not hold this same policy?

…(Further) it is a registered account and was a transfer from another FI. They accepted the transfer with the paperwork provided, then froze it. They will only allow me to transfer or withdraw but can not manage the funds within it.

George comments to @WhatAmI,

“Still, to refuse to hold registered accounts without a CLN is a BAD sign.”

Its not a “bad sign” rather its Ultra Vires and unlawful discrimination.

Everything needs to be documented in writing and the firm needs to be first advised they will be taken to Court if they do not change and if they fail to change be taken to Court.

Note I am assuming this is FATCA related and not Registration S related of the Securities Act which is another kettle of fish.

MORE from US_Foreign_Person and George:
Continue reading →

I am a United States citizen and voluntarily wish to maintain that citizenship.

However, there are many people living outside the United States who the U.S. deems to be United States citizens — who had this “citizenship” imposed on them without their consent.

For these people such citizenship is unwanted, and all would agree that they should not be citizens of the United States. A strong case can also be made that they are not in fact U.S. citizens.

Many of these unfortunate people will comply with regulations, imposed by the U.S. Department of State and Internal Revenue Service, to free themselves, at high cost, from U.S. citizenship and associated obligations to the Internal Revenue Service.

This was just suggested to me as a possible position such people could take:

“The laws of the United States end at its borders.

I have never had any voluntary connection to the U.S. including: not living in the U.S., not born in the U.S., and if born in the U.S. not choosing where I was born.

I will not allow the U.S. to forcibly impose U.S. citizenship, (and the financial terrorism it implies) on me without my consent.

Because I have no voluntary connection to the U.S. I will pay not one penny to extricate myself from U.S. claims of ownership.“

Continue reading →

I Am Canada, Hear Me Roar, Mr. President — another letter to President Obama
from a Canadian…

We have no representation in the U.S. and no voice. Ironically, taxation without representation was the catalyst for the Boston Tea Party. We were children when we came to Canada. We are Canadians. Who will be our voice?

QUESTION:
Mr Wood, would you consider reprinting more of these letters as articles as you receive them?

Reply
Author, Robert W. Wood

Yes, I would indeed, thanks.

********************

You can email your story to Mr Wood at wood@WoodLLP.com

November 14, 2014Uncategorizedbancdelasteroideb612 Edit