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Archive for April 2011

2011 Apr 29 – Superman

 
Superman announces plans to renounce US citizenship
Telegraph (29 Apr 2011)

http://www.telegraph.co.uk/news/worldnews/northamerica/usa/8482355/Superman-announces-plans-to-renounce-US-citizenship.html

A current episode of the Superman comic book has the protagonist expressing desire to become a citizen of the world because the American way is “not enough anymore.”
 

Written by usxcanada

29 April 2011 at 6:00 am

2011 Apr 13 – Wood

 
Robert W. Wood
“Quiet” foreign account disclosure not enough
Forbes (13 Apr 2011)

http://www.forbes.com/sites/robertwood/2011/04/13/quiet-foreign-account-disclosure-not-enough/

Woods connects FBAR to 2011 OVDI. “Between income tax, interest, civil and criminal penalties for the tax and FBAR violations, jail time can be as high as ten years and fines can be multiples of the foreign accounts.”
 

Written by usxcanada

13 April 2011 at 6:00 am