When it’s all said and done: All roads lead to renunciation

In the early days of this blog, I would end posts with:

“Renounce and rejoice!!”

And so he did.

Welcome to Freedom Stephen Kisch!

Alliance for the Defence of Canadian Sovereignty

"I complied with human rights-violating U.S. renunciation rules — and this leaves a bitter taste." https://t.co/H5qRkzhxxq

— Citizenship Lawyer (@ExpatriationLaw) August 24, 2016

Click on the link in the above tweet to see the complete discussion.

The bottom line is that Dr. Stephen Kish – Chair of the Alliance For The Defense of Canadian Sovereignty and plaintiff in the Bopp FATCA Lawsuit, has formally renounced U.S. citizenship. He performed this act in Iceland which is the final resting place of Robert James Fischer – one of the most famous and well known cases of U.S. citizenship relinquishment.

View original post

Advertisement

Green Card Holders and #Americansabroad: “Residence”, “Long Term Residence” and the S. 877A “Exit Tax”

https://twitter.com/haydonperryman/status/730680811922591749

FATCA & CRS Training. Advice. Consultancy.

Introduction (my own, not the author of the post, John Richardson).

Phil Hodgen’s Expatriation Letter of the Week is based upon this concept: whether tax liability of a green-card holder depends upon residency only or whether it includes other factors to consider in order to protect oneself from the long and complicated arms of IRS regulations. The example is simple and offers no less than 5 possible ways to deal with ending a non long-term status as a permanent resident of the United States. It is astounding that so much can be involved for a residence of 3 months with no income earned (US source or otherwise). Only in the USA could things be this complicated and full of possible issues (audits, penalties, etc).

Someone who is a nonresident will only be required to file a U.S. tax return because of:

• receiving income from U.S. sources; or
• being engaged in…

View original post 3,692 more words