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@ExpatriationLaw I don’t doubt it. Easy money.

Any idea about the appeal? Are they being helped by any of the abroad orgs? God bless these people but i wouldn’t blame them if they had enough.

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@ExpatriationLaw @DoubleTaxation Need more revenue from double taxing americans abroad? There is your blueprint for bypassing treaty provisions U. S. lawmakers 👇

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@ParvizMalakouti @ExpatriationLaw All in pod coverage https://t.co/csrGfPa4XT

starts at 59:06

curious to hear your take gentleman next

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@MikeBre14267200 @NickHanauer Agreed. Seems like he is unaware to put it lightly.

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CBT for UK citizens (and globally) as a solution to tax evasion, thoughts @MikeBre14267200 ? 🤨

https://t.co/SupTRmP9RX

should start at 49:01

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@ParvizMalakouti @ExpatriationLaw @VexillumGlobal @DavidBindelTX "The Tyranny of Complexity"

How has your US tax preparation been going this year americans abroad?

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@DemsAbroad Good idea if it helps changing the narrative.
So long as JTC counts taxes from income that is not us sourced or phantom taxes as a loss in revenue, LH bill and all future attempts are going nowhere.
Correct the wrong.
Stop double taxing your citizens.
Adopt international norms.

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@TaxFairUSAbroad @WaysMeansCmte @WaysandMeansGOP @SenFinance “phantom” taxes is what JTC so
meticulously counts as gains in scoring of the Lahood bill

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@TaxFairUSAbroad Mr. Warren on how JTC is thinking about these problems and why it stalled

"if you shift that to RBT - how much revenue would the US tax system loose"

This is not YOUR income to tax.
You don't loose anything, you move to NOT double taxing your citizens.

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@JCDoubleTaxed @RJarborg @AdamMackDavies @MikeBre14267200 @unusual_whales > Does not leave much else to invest in.

Yes, and as was pointed out, when invested in tax deferred retirement accounts in Norway or US, double taxation is unavoidable.

Even worse.

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@RJarborg @AdamMackDavies @MikeBre14267200 @JCDoubleTaxed @unusual_whales > allow USPs but preclude them from holding US-listed equities

What difference does this make?
Nordnet does not avoid FATCA reporting if you accept USPs, no?
For USP, still must file FBAR/FATCA 8939/ and cap gains & as was pointed out, more likely to lead them down PFIC route

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@ExpatriationLaw Pssst - Carney is speaking in another room

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@adrianpandev Well put.
Just one small 'caveat' as gets even better:

If they file late, they ALSO live with the fear of willful violation accusation.

Please correct if wrong @ExpatriationLaw

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@JCDoubleTaxed @elonmusk @realDonaldTrump @TaxFairUSAbroad @ExpatriationLaw @SEATNow_org @aaro @ACAVoice @SolomonYue 0 service abroad with sky high risk of excessive penalties

The American Abroad Paradox

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@bowtiedbrazil @adrianpandev use it to help with a review too

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@bowtiedbrazil @adrianpandev point taken, applies to FBAR?

use for review, questions, clarification
very good and patient and free at explaining complex sections of forms, regulations, adapts to your way of thinking

I used it to push back on a qualified CPA and they corrected mistakes, still with them

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@adrianpandev @bowtiedbrazil "It could bankrupt your client."

As could and have many human pros before AI - ask the New Zealand couple.

But yes, fair warning and prompt it methodically.

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@ExpatriationLaw The Bruyea decision in particular, if upheld, opens the door in almost any treaty country, doesn't it? The general "elimination of double taxation" article, the principle of reciprocity.

The Chapter 2A vs Chapter 1 argument is so ... silly. Enough with the silliness😒

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@TaxFairUSAbroad JCT still scoring the LH bill? Must be some serious number crunching there.

Maybe we can help with a google sheet.
Like taxing James' foreign source income would be in a negative revenue column.

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@JCDoubleTaxed @SolomonYue @TaxFairUSAbroad @DarinLaHoodIL @ExpatriationLaw @IRS_MEDIC @finmusings @TAPInternation @GOPIsrael This is good.

It's not "one of a few..." - it's 1 of 2! and the ONLY ONE in applying the full domestic tax regime