FATCA

Indignation Fatigue and FATCA

Indignation Fatigue and FATCA

A lawsuit against FATCA, the Foreign Account Tax Compliance Act, was filed back in 2014 by Senator Rand Paul and the Republicans Overseas and, while I am certainly no fan of the senator, I support this lawsuit. It was, however, dismissed in April 2016 because the Ohio federal judge who heard the case decided that…

Renunciations in the News

Renunciations in the News

Last week new numbers were published about how many overseas Americans renounced citizenship in the fourth quarter of 2015, and they show, as expected, an increase in 2015: a record year for renunciations. Each quarter a “name and shame” list is published by the US Treasury Department based on IRS figures of those renouncing, and in…

Citizen of a Parallel World

Citizen of a Parallel World

This week the Board of Elections of Illinois decided that Ted Cruz is indeed a natural-born citizen as required by the US Constitution to be eligible to be President. Ted Cruz was already identified as a US citizen because his mother was a US citizen. His birthplace, however, is in Canada, hence the question of…

Citizenship Matters

Citizenship Matters

I am, legally speaking, a citizen of the Netherlands. If you asked the US Foreign Service, they’d probably say I have US citizenship too, at least until I get my Certificate of Loss of Nationality. If you asked the IRS, on the other hand, they would say I’m no longer a US citizen. What does it mean…

7 Reasons NOT to Renounce

7 Reasons NOT to Renounce

When I was considering renouncing US citizenship, and then, once I had decided to do so, I heard several arguments for why I shouldn’t renounce. Reason not to renounce #1 But what if something happens where you are—an invasion or a natural disaster or something? The US would come and get you out! Answer #1:…

The American Dream

The American Dream

The following post is one of a series about American values sparked by my renunciation of US citizenship in November 2015. In my last two posts, I discussed four of the six key American values emphasized in the textbook American Ways: individual freedom and self-reliance, and then equality and competition. The last two are material…

FATCA, the Tea Party and Me

FATCA, the Tea Party and Me

“No taxation without representation,” a slogan going back to colonial America, is commonly cited by overseas Americans like me in discussions of FATCA. It’s also the basis of the Tea Party’s name: a reference to the Boston Tea Party, an act of rebellion against the taxation of the American colonists by the British government. FATCA…