U.S. Citizens in Canada InfoShop

Archive for the ‘Individuals’ Category

2014 Apr 4 – Cain

Patrick Cain
How to get rid of your U.S. citizenship
Global News (4 Apr 2014)


A lengthy account of FATCA, bank reporting on US persons, and terminating US citizenship concludes with four personal Canadian stories.

Written by usxcanada

4 April 2014 at 6:00 am

2014 Mar 8 – Hjelmgaard

Kim Hjelmgaard
Americans abroad find citizenship too taxing to keep
USA Today (8 Mar 2014)


Two extraterritorial US persons in Switzerland tell their stories. One has already renounced, and the other is considering that action. US citizenship renunciation totaled 3000 in 2013, a 221% rise from the preceding year. Two tax professionals describe the difficulties and costs of filing. “A poll conducted by the de Vere Group, a financial consultancy, late last year revealed that 68% of American expatriates have considered giving up their U.S. citizenship as a result of FATCA.”

Written by usxcanada

8 March 2014 at 6:00 am

2014 Feb 24 – Kennedy

David Kennedy
Canadian warns U.S. citizens abroad of new tax collector
Toronto Observer (24 Feb 2014)


Comment from Peter Dunn features prominently in this story on FATCA.

Written by usxcanada

24 February 2014 at 6:00 am

2013 Oct 14 – Chu

Henry Chu
U.S. tax law has some expatriates waiving the American flag
Los Angeles Times (14 Oct 2013)


Genevieve Besser 52, 25-year resident of Germany, former member of Daughters of the American Revolution, seems likely to abandon her US citizenship. The costs and difficulties of tax reporting and compliance couple with inability to live a normal financial life outside of the United States. Daniel Kuettel 41, software developer in Switzerland, has renounced citizenship already. FATCA implementation promises to worsen the situation. In the first half of 2013, the 1809 renunciations surpassed the total for 2012.

Written by usxcanada

14 October 2013 at 6:00 am

2013 Sept 13 – Ferauge

Victoria Ferauge
A global social network of outrage and action
Franco-American Flophouse [blog] (13 Sept 2013)


What may be the first-ever public protest against FATCA occasions a useful review of the social networking facilitated by the Isaac Brock Society web site since its inception in December 2011.

Written by usxcanada

13 September 2013 at 6:00 am

2013 Aug 20 – Tordjman

Jeremy Tordjman
U.S. expatriates flee taxman’s reach
Japan Times (20 Aug 2013)


Gulf War veteran Scott Schmith renounced US citizenship after twenty years of residence in Switzerland. Four named academics and professionals comment on the increasing rate of renunciation.

Written by usxcanada

20 August 2013 at 6:00 am

2013 Aug 15 – Cain

Patrick Cain / Anna Mehler Paperny / Leslie Young
Why are so many American expats giving up citizenship? It’s a taxing issue
Global News (15 Aug 2013)


Ruth Freeborn in Kingston, Ontario is preparing to renounce US citizenship. Comment from Toronto CPA Kevyn Nightingale and McGill tax professor Allison Christians. Calgary tax lawyer Roy Berg says his firm has “as many as 50 U.S. citizenship renunciation files on the go.” Two graphs: FBI vs State Department totals for citizenship renunciation 2006-2013; Quarterly totals of published names of people renouncing U.S. citizenship 2003-2013.

Written by usxcanada

15 August 2013 at 6:00 am

2013 Aug 14 – Featherston

Catherine Featherston
Exposed: IRS is colluding with banks to unfairly target U.S. citizens abroad
Occupy.com (14 Aug 2013)


Extensive reporting relies on interviews with renunciant Genette Eysselinck in France, Victoria Ferauge of American Citizens Abroad, FBAR activist Marvin Van Horn, Georgetown law professor Itai Grinberg, and OECD tax attorney Keith Lawson.

Written by usxcanada

14 August 2013 at 6:00 am

2013 Apr 24 – Collins

Margaret Collins / Richard Rubin
Americans paying up wherever they reside beseech Congress
Bloomberg (24 Apr 2013)


Three examples of extraterritorial US persons subject to the agonies of IRS compliance. Charles Allard in Hong Kong has “regularly had to amend tax filings on top of paying levies to the countries where he lives and works.” Winship Herr in Switzerland has paid $3000 to file paperwork requiring payment of $30,000 in US taxes on top of Swiss taxes, partly because of exchange rate disparities. John Kent in England spends about 100 hours to file despite having almost no U.S. source income. “The potential for change to taxation of U.S. citizens abroad is slim.”

Written by usxcanada

24 April 2013 at 6:00 am

2013 Jan 31 – Bachmann

Helena Bachmann
Mister Taxman: why some Americans working abroad are ditching their citizenships
Time World (31 Jan 2013)


Tina Turner’s recent abandonment of U.S. citizenship sets the stage for this article. The sharp increase in renunciation is foregrounded. FATCA gets two paragraphs. Aspects of individual stories are provided for three individuals who have already made the news: Peter Dunn in Canada, Genette Eysselinck in France, Amy Webster in Switzerland.

Written by usxcanada

31 January 2013 at 6:00 am

2013 Jan 29 – Wallace

Ellen Wallace
Packing up, going home: one US citizen in Switzerland vents his anger
Geneva Lunch (29 Jan 2013)


Swiss resident William Olenik publishes an email about his plan to move back to the United States because of the untenable status being imposed on U.S. persons living abroad. Comment — Olenik reaps the harvest of this bonehead attitude: “I refuse to give up my citizenship, as I am 100% American, to my bone marrow.” It sounds like he really does belong back in the homeland.

Written by usxcanada

29 January 2013 at 6:00 am

2013 Jan 25 – Allentuck

Andrew Allentuck
Dual Canadian-U.S. citizens can conquer tax challenges
Financial Post (25 Jan 2013)


A Toronto family with income of up to $218,000 per year is said to face no serious problems in remaining compliant with two tax systems. The fatuous closing sentence says of the primary wage earner: “In the end, careful observance of rules of both countries will keep his tax bill to no more than what it would be in Canada without exposure to American taxes.” RESPs are mentioned, but not the excessively burdensome and expensive reporting requirements. Despite the couple’s intention to remain in Canada, no mention is made of their perhaps considering renunciation of U.S. citizenship.

Written by usxcanada

25 January 2013 at 6:00 am

2013 Jan 1 – Thomas

Cal Thomas
How much is it worth to be a U.S. citizen? Tax laws make it hard for expatriates to justify keeping an American passport
Baltimore Sun (1 Jan 2013)


Thomas tells the story of anonymized Sam, a Hong Kong resident who felt financially forced to abandon US citizenship. Details of the burden of asymmetry include confiscatory taxation of 14 years of pension savings. Sam says: “I had paid over $1 million in U.S. taxes but didn’t receive any benefits, nor did my wife and kids.”

Written by usxcanada

1 January 2013 at 6:00 am

2012 Dec 8 – Perrault

Mike Perrault
U.S. tax policies to change financial picture for snowbirds
Desert Sun (8 Dec 2012)


Impending changes in U.S. estate tax may affect Canadians who own U.S. real property. Financial planner Robert Keats says the “longstanding [U.S.-Canada tax] treaty makes the United States a virtual ‘tax haven’ for his high net worth Canadian clients.” While “tax advantages have been a catalyst for Canadians,” it is not clear that this circumstance will continue — although this promo article remains silent on that point.

Considerable space is devoted to 29 Nov 2012 IRS announcement of “updated procedures ‘to strengthen the Individual Taxpayer Identification Number program requirements’ that are key to the tax collection process for foreign nationals, and resident and nonresident aliens.” On a topic that extends well beyond the interest of snowbirds, “the IRS will no longer accept notarized copies of documents for tax ID numbers.” A key additional change will see new taxpayer ID numbers expire after five years for the first time.

Written by usxcanada

8 December 2012 at 6:00 am

2012 Nov 19 – Rich

Jamie Rich
Land of the flee: why, despite Obama’s re-election, Americans are renouncing citizenship in droves
The Independent (19 Nov 2012)


Rich points to the trend of increasing renunciation, and enumerates these aspects: (1) paying taxes and receiving virtually no benefits (2) invasive reporting edicts such as FBAR (3) time and cost of compliance. “A toxic combination of frustration, financial burden and fear of further regulations has created a new anti-American movement among our own people. For those defectors, bitterness has replaced any shred of nostalgia for the United States.”

Written by usxcanada

19 November 2012 at 6:00 am

2012 Oct 19 – Greil

Anita Greil
Wary Swiss banks shun Yanks
Wall Street Journal (19 Oct 2012)


“In Switzerland, banks are scouring their client lists and dividing clients into Americans, possible Americans and those who aren’t, according to Thomas Brotzer, a Zurich-based tax partner at Ernst & Young.” The article includes personal stories of two Swiss residents, one having renounced U.S. citizenship and the other “seriously considering” taking the same step.

Written by usxcanada

19 October 2012 at 6:00 am

2012 Oct 14 – Chen

Lulu Chen
Tax bills prompt Chinese to ditch US passports
South China Morning Post (14 Oct 2012)


“Many wealthy people are deterred from giving up their citizenship halfway through the process when they learn the IRS will inspect their income globally looking for evidence of tax evasion, said Timmas Deng, a Hong Kong lawyer who specialises in immigration.” Deng says the renunciation process typically takes one to two years, and fees for legal advice can run up to US$30,000. The story of a 31-year-old housewife identified as Wu is provided as illustration.

Written by usxcanada

14 October 2012 at 6:00 am

2012 Oct 5 – Whiteley

Don Whiteley
U.S. tax laws: the long arm of Uncle Sam
B.C. Business (5 Oct 2012)


This is the first general-interest article in a Canadian publication to dig into what FATCA means for Canadian banks and credit unions who must also comply with Canadian privacy legislation. The story is personalized with an account of the difficulties encountered by B.C. resident Maury Williams. “The number of expatriate U.S. citizens renouncing their citizenship, while still very small, is growing rapidly. Lawyer [Ron] Zisman confirms that his business is booming and traffic at the Vancouver consulate is getting higher.”

Written by usxcanada

5 October 2012 at 6:00 am

2012 Oct 2 – Baker&McKenzie

Baker&McKenzie-Anwalt gibt seinen US-Pass ab
Inside Paradeplatz (2 Oct 2012)


Marnin Michaels, a leading Zurich-based lawyer dealing with U.S. taxation issues, is in the process of terminating his U.S. citizenship — and refuses to make public comment on his action. “Nächsten Januar gibt Michaels nämlich seinen US-Pass zurück. Das bestätigen mehrere Quellen unabhängig voneinander. … Michaels wollte gestern am Telefon keine Stellung zu seiner Passrückgabe nehmen.”

Written by usxcanada

2 October 2012 at 6:00 am

2012 Sept 30 – Kaiser

Mike Kaiser
What taxes taught me about the power of the asterisk
Globe and Mail (30 Sept 2012)


Essay by ill-advised “US person” in Canada who goes through hell to obtain Social Security number in order to enter second hell of filing tax paperwork.

Written by usxcanada

30 September 2012 at 6:00 am

2012 Aug 2 – Saunders

Laura Saunders
The renouncers: who gave up U.S. citizenship, and why?
Wall Street Journal (2 Aug 2012)


Saunders has put time and effort into trying to get a handle on the latest quarterly list of persons abandoning U.S. citizenship. The closing two paragraphs aptly focus on a case motivated by “frustration with paperwork generated by a flurry of new laws aimed at policing offshore accounts.”

Written by usxcanada

2 August 2012 at 6:00 am

2012 june 25 – Venutti

Dario Venutti
Vom Nachteil, ein Amerikaner zu sein
Tages Anzeiger (25 June 2012)


Out of about 2000 reported voluntary terminations of US citizenship worldwide in 2011, 500 are attributed to Switzerland alone. Included are accounts of the personal situations of Richard Bloomfield and Amy Webster in Switzerland.

Written by usxcanada

25 June 2012 at 6:00 am

2012 June 21 – Webster

Amy Webster
Swiss banks step up efforts to identify, quarantine or avoid US citizens
genevalunch.com (21 June 2012)


A first-person narrative details the difficulties faced by a U.S. citizen married to a Swiss national. The author’s husband is experiencing discrimination, has been advised to resolve his situation through divorce, and has transmitted pressures to his wife. In consequence, Amy Webster says: “I am seriously considering giving up my US citizenship which I had always been so proud of and which I so carefully looked after. I have duly filed a US income tax return every year.”

Written by usxcanada

21 June 2012 at 6:00 am

2012 June 12 – Palazzolo

Joe Palazzolo
It’s hard to become a non-citizen, too
Wall Street Journal (12 June 2012)


Israeli Kenneth Fox got a US appellate court to agree that the Department of State did not have grounds to deny him a Certificate of Loss of Nationality.

Written by usxcanada

12 June 2012 at 6:00 am

2012 May 16 – McBride

Laura Harrison McBride
Me and Eduardo Saverin: The major difference is money
Blog at Smirking Chimp (16 May 2012)


McBride offers a useful and entertaining personal account of her 2 Feb 2012 renunciation of US citizenship in London England and the history and circumstances of the decision and action. “Not taxes that pushed my buttons, but the tax collector.”

Written by usxcanada

16 May 2012 at 7:00 am

2012 May 10 – Knowlton

Brian Knowlton
Many Americans abroad surprised by tax code’s nasty bite
New York Times (10 May 2012)


A version of this article appeared in print on May 11, 2012, in The International Herald Tribune.

Knowlton’s report concentrates on “accidental” second-generation Americans, and sketches three cases, two Canadian and one European. “The numbers of Americans filing the Report of Foreign Bank and Financial Accounts, or FBAR, soared from 276,386 in 2009 to 618,134 in 2011. … By 2011, [IRS agents numbered] 71 for global high wealth — and 856 for international operations, up from 259 just a year before … [with] plans to hire 300 more international agents.”

Written by usxcanada

10 May 2012 at 6:00 am

2012 May 9 – Ferauge

Victoria Ferauge
American citizenship — a cost-benefit analysis
Franco-American Flophouse [blog] (9 May 2012)


This personalized and measured assessment demonstrates effectively and readably that the United States has made its citizenship untenable for ordinary permanent extraterritorial residents.

Written by usxcanada

9 May 2012 at 6:00 am

2012 May 8 – McKenna

Barrie McKenna
Ottawa, U.S. negotiating change to tax reporting
Globe and Mail (8 May 2012)


The Canadian government is negotiating with the United States about the implementation of FATCA. This has been the state of affairs for some time, so the availability of current quotations from Canadian officials must be the only reason for publication of this supposed news. “It is not clear how a FATCA compromise will make life any easier for the many Americans and dual citizens in Canada — many of whom don’t regularly file U.S. taxes, as required.” Ex-US citizen Peter Dunn of Toronto is quoted.

Written by usxcanada

8 May 2012 at 7:00 am

2012 Jan 19 – Worst

Worst nightmare as IRS wants $550K in penalties over $4K tax bill
Investment News (19 Jan 2012)


The representative for the client in the headline case is “stalling” to see if the IRS will grant “more discretion to reduce the penalties for those remaining in the voluntary disclosure program.” To opt out of the program may trigger examination that entails unacceptable uncertainty and risk.

Written by usxcanada

19 January 2012 at 6:00 am

2012 Jan 3 – Fallows

James Fallows
The FATCA chronicles: tales from China, Canada, and Estonia
Atlantic (3 Jan 2012)


Lengthy extracts from correspondence with Americans in China (problems of joint accounts and joint business ventures), Canada (uncertainties and inconsistencies of US citizenship policy), Estonia (self-employed, US compliant, “under the radar” in Estonia to avoid overall tax liability of 70%).

Written by usxcanada

3 January 2012 at 8:00 am

2012 Jan 3 – Kieran

Brian Kieran
U.S.-born Campbell River senior fears Uncle Sam’s tax wrath
Campbell River Mirror (3 Jan 2012)


An unnamed resident of Campbell River BC, male aged 65, Canadian citizen for 40 years, views IRS policy as entrapment “smokescreen.” He fears travel to US to visit family. “Once I showed my Canadian passport at the border and the U.S. border guard told me ‘you are a U.S. citizen until we tell you you’re not’.”

Written by usxcanada

3 January 2012 at 7:00 am

2012 Jan 2 – Fallows

James Fallows
The FATCA menace!
Atlantic (2 Jan 2012)


Lengthy extracts from correspondence with Americans in Sweden (required reporting includes “life insurance policies, telephone prepaid cards, my customer card at the supermarket and my lunch card at work”), Canada (attention drawn to new Isaac Brock Society), Germany (citizenship renounced in order to have a bank account), Washington DC (a Congressional staffer who presumes that very few are affected).

Written by usxcanada

2 January 2012 at 7:00 am

2011 Dec 9 – Feldman

Amy Feldman
Taxpayers with overseas accounts seethe at big penalties due
Reuters U.S. (9 Dec 2011)


This story is based on “phone conversations and emails with more than a dozen people during the last three weeks” about their “stress, fear and attempts to do the right thing before the latest voluntary disclosure window closed in September.” Marvin Van Horn 62 in New Zealand suffered more than two years of negotiations that ended in an FBAR penalty of $25,000. Accounts included two persons from Canada, Ruth 53 in Kingston ON and a woman identified as L. 54 in Vancouver BC.

Written by usxcanada

9 December 2011 at 6:00 am

2011 Dec 6 – Mendoza

Moises Mendoza
Stateless in Slovakia: what if you renounce US citizenship …
GlobalPost (6 Dec 2011)


Anarchist Mike Gogulski in Slovakia is one of two US citizens known to have chosen to become stateless.

Written by usxcanada

6 December 2011 at 6:00 am

2011 Dec 3 – Berry

Shawn Berry
Dual citizens catching break from IRS
Telegraph-Journal (3 Dec 2011) A1


Robert Gerard 64 of New Maryland NB, a retiree who has lived in Canada for over 35 years, helped organize a public forum on US tax enforcement at the University of New Brunswick. American citizens travelled from Miramichi, Woodstock, and Saint John. “We had 275 people there, we were expecting less than 50.”

Written by usxcanada

3 December 2011 at 7:00 am

2011 Dec 3 – MacKenzie

Amy MacKenzie
Americans living in Canada, beware of the IRS
New Brunswick Beacon [St Thomas University Journalism] (3 Dec 2011)


Marie Cashion, retired University of New Brunswick faculty, organized a Nov 28 public meeting in Fredericton about US filing requirements. Russell Hunt of St Thomas University is “staying away from the border” until the status of his noncompliance with FBAR is resolved. Ex-American lawyer David Lutz urged concerted action against the US measures.

Written by usxcanada

3 December 2011 at 6:00 am

2011 Dec 2 – McKenna

Barrie McKenna
U.S. taxman to go easy on American residents in Canada
Globe and Mail (2 Dec 2011) B1, B11


McKenna hyped an October 18 statement by US ambassador David Jacobson as “a big break from Uncle Sam” for “Americans living in Canada who’ve neglected to pay their U.S. taxes” and went on to declare “the new rules will be announced within weeks by the IRS.” (The disappointing IRS document issued on Dec 7 reiterated existing policy, had no particular application to Canada, and said nothing about how “individuals who took part in earlier amnesty programs this year and in 2009 can reapply and get back penalties already paid.”) Mike Vance 26 of Nanaimo BC is “using this as a warning sign” and has embarked on “the complex process of renouncing his U.S. citizenship.”

Written by usxcanada

2 December 2011 at 6:00 am

2011 Nov 22 – Berry

Shawn Berry
N.B.’s dual U.S., Canadian citizens stiffening opposition to tax penalty
Telegraph-Journal (22 Nov 2011) A1


Marie Cashion and Robert Gerard plan a Nov 28 meeting at the University of New Brunswick “to inform and marshal the thousands of New Brunswick residents who could be affected” by U.S. provisions for expatriate taxation. Gerard awaits the results of a voluntary disclosure of noncompliance since 1975. Accounts of the September 16 Flaherty letter and the Oct 18 Jacobson speech are provided as context.

Written by usxcanada

22 November 2011 at 6:00 am

2011 Nov 11 – Werman

Marco Werman
Why taxes are prompting some Americans in Canada to renounce their US citizenship
The World (11 Nov 2011)


Transcript of a Public Radio International interview with Mark Wittgen, a thirty-year resident of Canada who is in the process of renouncing his U.S. citizenship.

Written by usxcanada

11 November 2011 at 6:00 am

2011 Nov 9 – McKenna

Barrie McKenna
Americans in Canada driven to divorce from their country
Globe and Mail (9 Nov 2011)


Twenty-two Americans attended “what is believed to be the first citizenship renunciation meeting ever held in Canada” at the US consulate in Toronto on October 20. A US official said: “We simply decided it was more efficient to have everybody come as a group and talk to everyone at once, rather than doing it individually. It was simply a time-management decision.” One person attending the meeting reported that officials explicitly avoided discussion of the “800-pound gorilla in the room” — the issue of newly aggressive US pursuit of its nonresident citizens. Mark Wittgen 51 from Indiana of Whitby ON, who emigrated in the early 1980s and acquired Canadian citizenship in 2003, described the experience as a ‘divorce’. “In Canada … there are {{have been?}} typically fewer than 100 renunciations a year.”

Written by usxcanada

9 November 2011 at 6:00 am

2011 Oct 22 – Lakritz

Naomi Lakritz
Keep your nose out of my personal finances, America
Calgary Herald (22 Oct 2011)


Dual citizen Lakritz devotes a column to declaring the US attitude toward its citizens “outrageous” because of laws that are “oppressive … unreasonable, irresponsible and unsympathetic.” She mentions her own tax compliance, and goes on to complain further in detail about US passport requirements.

Written by usxcanada

22 October 2011 at 6:00 am

2011 Oct 11 – Atamanenko

Alex Atamanenko
Are you targeted by the IRS?
Castlegar Source (11 Oct 2011)


British Columbia Member of Parliament Alex Atamanenko reports “a flood of calls and letters from worried Canadians across the country seeking information and advice on the new enforcement initiatives for filing US tax returns and reporting foreign bank accounts (FBARs).” He briefly outlines the situations of Susan and Dorothy. The op ed concludes: “The Americans have ignored our international trade agreement when it suits them, and now, in defiance of our reciprocal tax treaty, are coming after our savings and retirement security.”

Written by usxcanada

11 October 2011 at 6:00 am

2011 Oct 5 – MacGregor

Alison MacGregor
U.S. tax grab called extreme
Gazette [Montreal] (5 Oct 2011)


Montreal university professor “Annie” has chosen not to transmit US citizenship to her son because of US policies on conscription and taxes. Despite her compliance with filing of US tax returns, Annie has been unaware of the FBAR requirement and now feels concern about potential financial penalties.

Written by usxcanada

5 October 2011 at 6:00 am

2011 Oct 4 – Ferri

John Ferri
IRS pursues Americans up north
GlobalPost (4 Oct 2011)


Dual citizens Michael and Jessica express their negative reactions to new IRS initiatives. FBAR and FATCA requirements are outlined. Joe Green of the Canadian branch of Democrats Abroad criticizes “this kind of legislative and fiscal irresponsibility in dealing with the financial institutions of sovereign nations.” Mention is made of a letter to Obama from history professor Maurice Williams, a Canadian resident since 1973.

Written by usxcanada

4 October 2011 at 6:00 am

2011 Oct 1 – Iype

Mark Iype
Taxing U.S. reality stings dual citizens
Telegraph-Journal (1 Oct 2011)


[Also:  http://www.canada.com/story_print.html?id=5500882&sponsor]

Approximately half of the 1100 residents of Campobello Island NB are dual citizens. “The threat of tax bills, fines and penalties” loom over the only piece of Canada where year-round access requires passage through the United States. Kathleen Case, Stephen Smart, and Larry Bradford describe their situations. Member of Parliament John Williamson is reported to say that the Canadian government would not support the desire of the IRS to compel Canadian banks to report client funds to the United States.

Written by usxcanada

1 October 2011 at 7:00 am

2011 Oct 1 – Morris

Chris Morris
U.S. tax net even affects premier
Telegraph-Journal (1 Oct 2011) A1


As a dual citizen, New Brunswick Premier David Alward “is complying with the U.S. demand for tax returns going back years and detailed disclosures.”

Written by usxcanada

1 October 2011 at 6:00 am

2011 Sept 26 – Pritchett

Jennifer Pritchett
New U.S. tax law threatens savings
Telegraph-Journal (26 Sept 2011) A1


Russell Hunt, English professor at St. Thomas University since 1968, has stopped crossing the border “until the issue has been sorted out and he doesn’t plan to file an American tax return any time soon.” New Brunswick has many dual citizens. Member of Parliament John Williamson has heard from dozens of his constituents on the issue.

Written by usxcanada

26 September 2011 at 6:00 am

2011 Sept 24 – Dobby

Christine Dobby
U.S. campaign to catch tax cheats snaring Canadians
[ Print title: ‘Lost Americans’ vs. IRS: Canadians with distant links fearful of massive U.S. tax penalties ]
National Post (24 Sept 2011) FP3


Minnesota natives Esther Thompson 70 and sister Betty 69, both married to retired Saskatchewan farmers, await the outcome of their participation in OVDI. Joint accounts with husbands that show large fluctuations related to grain sales cause them concern. So far each has spent $6,000 on legal and accounting fees. Tax analyst Cleo Hamel has never “seen anything like this that’s caused this much concern, even in Canadian tax.”

Written by usxcanada

24 September 2011 at 7:00 am

2011 Sept 21 – Roseman

Ellen Roseman
United States clamps down on citizens living in Canada
Toronto Star (21 Sept 2011) B2

No link available.

The story opens with the case of Anita, a dual citizen who moved to Canada in the 1960s and has never filed a U.S. tax return. A cross-border tax expert says, “There’s a lot of hearsay, rumour and lack of facts out there.” Required FBAR reporting is “an even bigger issue” due to large penalties for failure to comply. The article closes with a look at the issue of renouncing citizenship.

Written by usxcanada

21 September 2011 at 6:00 am

2011 Sept 20 – Wente

Margaret Wente
Help! I’m on the IRS hit list
Globe and Mail (20 Sept 2011)


Columnist Wente and friends are “outraged [at] confiscatory and extraterritorial” US tax policy. Wente moved to Canada at age 13 and has held citizenship since 1979. Her brother renounced US citizenship at 17 after receiving a draft notice. Wente’s friend and his wife have been told their liability would be $250,000.

Written by usxcanada

20 September 2011 at 6:00 am