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Americans Abroad

riverbendviewgal

(4,339 posts)

4. Are they aware of FATCA??

Reply to Lydia Leftcoast (Reply #3)

Sat Jan 25, 2014, 10:48 PM

Jan 2014

Please let them know they can get good information by going to

http://isaacbrocksociety.ca/2011/12/14/about-the-isaac-brock-society/

You see the USA is citizen based taxation and you file your US taxes for your lifetime and your children as well, as they become US citizens, even if they are not born in the USA.

The USA and Eritrea are the only countries in the world that are citizen based taxation . The rest of the world is Resident based taxation.

Many are having OMG moments now.. Many never thought they had to file US taxes because they never lived in the USA.

see this website.

http://www.repealfatca.com/index.asp?idmenu=4&title=News&idsubmenu=146

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Today's News from France. - FATCA: making Americans non-Americans [View all] riverbendviewgal Jan 2014 OP

All of the news I've read on this is showing that for alot of Americans abroad Number23 Jan 2014 #1

You are correct riverbendviewgal Jan 2014 #2

I know several American-born Japanese-English translators Lydia Leftcoast Jan 2014 #3

Are they aware of FATCA?? riverbendviewgal Jan 2014 #4