U.S. Citizens in Canada InfoShop


Dates of events can be used to access related documents and stories in the main listing of references

1948 The United States is one of 48 countries at the United Nations to adopt the Universal Declaration of Human Rights. Article 15 states: Everyone has the right to a nationality. No one shall be arbitrarily deprived of his nationality nor denied the right to change his nationality.
1966 The Foreign Investors Tax Act of 1966 included enactment of Section 877 of the Internal Revenue Code to prevent U.S. citizens from expatriating to avoid taxation.
1986 Immigration and Nationality Act Amendments of 1986 amend Section 301(g) (8 U.S.C. 1401(g)) of the INA to conform to various Supreme Court decisions on loss of US citizenship. An action that results in loss of citizenship needs to be performed voluntarily and with the intention of giving up US citizenship.
1996 The Health Insurance Portability and Accountability Act of 1996 amended Section 877 in a quest to remove any tax incentives for individuals to renounce citizenship.
2004 The American Jobs Creation Act of 2004 amended Section 877 in a quest to establish objective rules based on personal finances and taxation (instead of migration status) as determining when an individual is no longer considered a U.S. citizen or long-term resident.
2008 June 16 The Heroes Earnings Assistance and Relief Tax Act of 2008 (HEART Act) defined a new US exit tax through IRC 877A expatriation rules.
2011 Feb 8 IRS announces 2011 OVDI as a follow-up to 2009 OVDP (see Glossary for explanation with links).
2011 July 14 IRS delays FATCA implementation from start of 2013 to start of 2014.
2011 Aug 22 Don Cayo of the Vancouver Sun reports that Canadian authorities will not enforce for the US in Canada: (1) FBAR penalties (2) “the U.S. tax liability of a Canadian citizen if the individual was a Canadian citizen at the time the liability arose.”
2011 Sept 9 2011 OVDI announced on Feb 8 comes to an end, leaving many US citizens abroad in panicked limbo. The program’s end was extended from Aug 31 to Sept 9.
2011 Sept 16 Canadian Minister of Finance Jim Flaherty sends a public letter of complaint about US tax policy to the New York Times, the Wall Street Journal, and the Washington Post.
2011 Oct 18 US ambassador to Canada David Jacobson promises mitigation of penalties for innocent noncompliance in a speech in Ottawa.
2011 Oct 20 Twenty-two Americans attend “what is believed to be the first citizenship renunciation meeting ever held in Canada” at the US consulate in Toronto. (A second such meeting seems to have been anticipated, and then procedures seem to have changed.)
2011 Nov 28 A meeting to discuss the problems facing US citizens resident in Canada is held in Fredericton and draws an attendance of 275 from across New Brunswick.
2011 Dec 7 IRS releases Information for U.S. citizens or dual citizens residing outside the U.S. This restatement of existing policy does nothing to reduce uncertainty, leaves offenders dangling on the hook of “reasonable cause,” and offers no mitigation of OVDI penalties.
2011 Dec 10 First posting appears on the blog/forum of the Isaac Brock Society (see Links), “individuals who are concerned about the treatment by the United States government of US persons who live in Canada and abroad.”
2012 Jan 9 IRS announces an indefinite continuation of the voluntary disclosure program with maximum penalty increased by 2.5 percent.
2012 Jan 12 Expat Tax, a proprietary online forum external to Canada, suspends discussion of all topics. The two major threads have been Renunciation of US Citizenship and Taxation of Expatriate US Citizens. The Isaac Brock Society web site initiates three discussion threads on the following day.
2012 Jan 15 Launch of the Isaac Brock Society Forum as a separate entity.
2012 Jan 17 Launch of U.S. Citizens in Canada InfoShop web site.
2012 Jan 18 NDP MP Megan Leslie sponsors a Halifax “tax information session for US/Canadian dual citizens.” Overwhelming attendance into the hundreds requires a second room.
2012 Jun 5 Isaac Brock Society web site relocates from U.S. to Canada for data hosting.
2012 Jun 26 IRS issues news release about process to take effect 1 September 2012 to “help” noncompliant extraterritorial US persons to reconcile with their tax and information filing requirements.
2012 Aug 31 IRS issues Instructions for new streamlined filing compliance procedures for non-resident, non-filer U.S. taxpayers.
2012 Dec 31 Founding moderator Petros of Isaac Brock Society steps aside at the behest of an up-to-that-point unnamed “Committee of Six” so that user comment can be controlled without transparency by a new moderator.
2013 Jan 17 U.S. Dept. of the Treasury and IRS issue final FATCA regulations.
2013 July IRS delays implementation of FATCA witholding to 1 July 2014.
2013 Sept 9 Two women in Ottawa carry out a FATCA information picket at a press conference held by Canadian Minister of Finance Jim Flaherty.
2014 Feb 5 Canada signs agreement with United States to implement FATCA.


[ Last update 11 February 2014 ]

Written by usxcanada

1 January 2012 at 12:00 pm

%d bloggers like this: