Source: http://www.citizenshipsolutions.ca/2015/04/02/part-2-understanding-exit-taxes-in-a-system-of-residence-based-taxation-vs-exit-taxes-in-a-system-of-citizenship-place-of-birth-taxation/
Timestamp: 2016-12-11 08:02:03
Document Index: 629987962

Matched Legal Cases: ['art 2', 'art 2', 'art 5', 'art 4', 'art 6', 'art 1', 'art 3', 'art 1', 'art 3', 'art 2']

Part 2 – Understanding “Exit Taxes” in a system of residence based taxation vs. Exit Taxes in a system of “citizenship (place of birth) taxation | Citizenship Counselling For U.S. Citizens in Canada and Abroad
1 Reply	This is Part 2 of a 9 part series on the Exit Tax.
“It’s an accident of birth that has left me with this thing. I’ve got to find a way of sorting it out,”
“It’s very difficult to give up.”
“If you want to be a U.S. citizen, you have to pay for it.”
Q. 'Why should I pay US taxes?' American-born London mayor Boris Johnson by RT News via #soundcloud https://t.co/PmQapZRqPL A. US Cit costs
How do #Americansabroad perceive the U.S. #ExitTax? Nice collection of educational comments here http://t.co/v80uwJFcvS
On April 3, 2015 I will post:
Related PostsPart 5 – “The “Exit Tax” in action – Five actual scenarios with 5 actual completed U.S. tax returns.”Part 4 – “You are a “covered expatriate” – How the “Exit Tax” is actually calculated”Part 6 – “Surely, expatriation is NOT worse than death! The two million asset test should be raised to the Estate Tax limitation – approximately five million dollars – It’s Time”Part 1 – “Facts are stubborn things” – The possible effect of the US “Exit Tax” on Canadian residentsPart 3 – “The “Exit Tax” affects “covered expatriates” – what is a “covered expatriate”?”Tax Haven or Tax Heaven 4: Why bother “poaching capital” as a Tax Haven, if you can steal the capital using citizenship-based taxation?
This entry was posted in Uncategorized and tagged citizenship taxation, FATCA Canada, FBAR, residence taxation, S. 877A on April 2, 2015 by admin.	Post navigation
← Part 1 – “Facts are stubborn things” – The possible effect of the US “Exit Tax” on Canadian residents
Part 3 – “The “Exit Tax” affects “covered expatriates” – what is a “covered expatriate”?” →
One thought on “Part 2 – Understanding “Exit Taxes” in a system of residence based taxation vs. Exit Taxes in a system of “citizenship (place of birth) taxation”	Victoria April 4, 2015 at 12:04 am	Good post. Looking forward to reading the rest of the series.
And thank you for quoting my words and linking to the Flophouse.
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