IRS Customs Hold

I’ve seen much talk in the community of American abroad about the ability to of the IRS: To prevent the issuance of a passport to delinquent taxpayers (currently not true, but when applying for a passport, the Department of State will inform the IRS of the address you provided). Interestingly enough, the Department of State ...

GATCA is coming to town

GATCA is coming to town
As many of you know, the United States has implemented FATCA (Foreign Account Tax Compliance Act), requiring financial institutions around the world to report the names of their depositors who are US persons (hence potentially liable to pay US tax) – or else face a 30% withholding on their US sourced income. There have been ...

200,000 Saudi US citizens liable to pay US taxes

200,000 Saudi US citizens liable to pay US taxes
As seen on Arab News More than 200,000 Saudi citizens with dual US citizenship are liable to pay taxes under US taxation laws, according to academics at King Abdulaziz University (KAU) in Jeddah. Such laws have prompted scores of people with dual nationality around the globe to give up their US citizenship. In fact, relinquishing ...

More and more Americans give up their citizenship, 2014 is on track to be a record year

More and more Americans give up their citizenship, 2014 is on track to be a record year
  A significant number of people continue to surrendered their US citizenship or terminate their “long-term US residence” (for green card holders). There are 776 names on the list that the Treasury Department released Friday for the third quarter of 2014. That’s the third highest quarterly figure ever. The total number of ascetics published to ...

How can snowbirds avoid becoming US persons?

Hello snowbirds, Winter’s coming, time to move south. Will I become a US person subject to US taxation on my worldwide income? According to the domestic tax laws of the United States, the substantial presence test (“SPT”) is used to determine the residency status of a person in the United States. This is a calculation ...

U.S. Customs preclearance coming to more European airports?

The United States reportedly is asking five European countries to set up preclearance checkpoints at airports for customs and immigration. The expedited checkpoints for foreign travel are now available only in Canada, the Caribbean, Ireland and United Arab Emirates. The Guardian newspaper in England reports no formal request has been made yet. But U.S. authorities approached England, France, ...

Crossing the US Border on a non-US passport showing a US birthplace

As seen on the Maple Sandbox: There is a bit of anxiety concerning what happens at the US border once you have a CLN or once you’ve applied for one.  Or for that matter, if you have a Canadian passport that shows a US birthplace, have no US passport and don’t want one, and haven’t ...

Renunciation fee increase

To bring back the subject of the renunciation fee increase back to the forefront, Want to get rid of U.S. citizenship? Fee just quadrupled – to $2,350, I add another article, today, from the U.S. — Wall Street Journal, Laura Saunders, August 30th: U.S. Fee to Drop Citizenship Is Raised Fivefold. Commenting is open and comments have started. ...