The Americans queueing up to renounce their citizenship
theguardian.com
The Americans queueing up to renounce their citizenship
1–10 of 25 posts
Re: The Americans queueing up to renounce their citizenship
#2Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations).
This will not work in Europe, though, where anything financial has a question about you being a US national - and things get gross if you are. I don't know if you have such questions elsewhere.
Re: The Americans queueing up to renounce their citizenship
#3Re: The Americans queueing up to renounce their citizenship
#4First you must have another nationality to use its passport. Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations). This will not work in Europe, though, where anything financial has a question about you being a US national - and things get gro…
This is illegal from a US perspective. US personal income tax is on worldwide income, regardless of where a citizen happens to be living. Some countries have mutual agreements with the US that mitigate that, but that’s the fundamental legal position.
> in Europe, though, where anything financial has a question about you being a US national
What I just described is precisely and entirely why those questions exist.
Re: The Americans queueing up to renounce their citizenship
#5First you must have another nationality to use its passport. Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations). This will not work in Europe, though, where anything financial has a question about you being a US national - and things get gro…
Re: The Americans queueing up to renounce their citizenship
#6First you must have another nationality to use its passport. Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations). This will not work in Europe, though, where anything financial has a question about you being a US national - and things get gro…
> Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations). This is illegal from a US perspective. US personal income tax is on worldwide income, regardless of where a citizen happens to be living. Some countries have mutual agreements with the US…
Yes. It also need to be enforceable.
Take GDPR. If say a US website serving pages to the EU does not follow it at all, or even does everything the other way (collection, ...) the only thing the EU can do is wave their finger. Except if the site has options in the EU.
If you cannot enforce a law it is either dead, or you resort to bully actions like the US does (an example was Trump going account Iran the first time agent an agreement was signed, and telling the EU companies that if they continue to do business with Iran, their US subsidiaries will be fined)
> What I just described is precisely and entirely why those questions exist.
This is simply because we are chickens. Hopefully we will get rid of that someday.
No other country has such advantages like the US with the question about citizenship in financial documents. This is a disgrace.
Re: The Americans queueing up to renounce their citizenship
#7First you must have another nationality to use its passport. Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations). This will not work in Europe, though, where anything financial has a question about you being a US national - and things get gro…
This is highly illegal and could get you extradited back to the US if you're unlucky. Get advice from a real lawyer before doing anything like this.
For the record I am not a US citizen, fortunately.
Re: The Americans queueing up to renounce their citizenship
#8First you must have another nationality to use its passport. Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations). This will not work in Europe, though, where anything financial has a question about you being a US national - and things get gro…
> Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations). This is illegal from a US perspective. US personal income tax is on worldwide income, regardless of where a citizen happens to be living. Some countries have mutual agreements with the US…
What mitigation are you talking about? Does it apply to Sweden?
Re: The Americans queueing up to renounce their citizenship
#9Re: The Americans queueing up to renounce their citizenship
#10Earlier quoted context omitted.
> Then, if you do not plan to ever go to the US you can just forger about your US nationality and do not file any documents there, including taxes (which you pay in the country you are in, and hush away your US citizen obligations). This is illegal from a US perspective. US personal income tax is on worldwide income, regardless of where a citizen happens to be living. Some countries have mutual agreements with the US…
> Some countries have mutual agreements with the US that mitigate that, but that’s the fundamental legal position. What mitigation are you talking about? Does it apply to Sweden?