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Discussion about current events, culture, independent candidates, business, education, travel, death and taxes, global mobility, citizenship and residence by investment options, Americans abroad, FATCA, CRS, U.S. citizenship renunciation, Green Card abandonment, citizenship taxation, PFIC, GILTI, foreign trusts, I-407 and more ...
Episodes
Wednesday Jan 18, 2023
Why Tax Reform For Americans Abroad Is Reminiscent Of The Movie Groundhog Day
Wednesday Jan 18, 2023
Wednesday Jan 18, 2023
January 18, 2023 - Participants Include:
Virginia La Torre Jeker - @VLJeker
John Richardson - @Expatriationlaw
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In the move "Groundhog Day" Bill Murray awakens every day to a day that was the same as the previous day.
The 2022 Taxpayer Advocate Report to Congress was released in early 2023. It contains a section about the problems facing Americans abroad.
As noted by Virginia La Torre Jeker, the same problems are identified as continuing from year to year with no change!
Everybody agrees that there is a problem. Yet there has been little (or no) progress to relieve the problems (other than encouraging people to renounce US citizenship).
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