Showing results for tag "reporting-requirements"

Prove You’re Not a Terrorist

Governments hate it when you use cash, as its harder for them to track and control. They have now accelerated the international War on Cash.

More Unofficial Capital Controls: PFIC Rules

It ranks at the very top of potential tax nightmares, especially if you invest internationally.

This Could Destroy the Lives of Millions

Dual American-Canadian citizens are finding themselves in a serious bind due to FATCA, which has been dubbed “the worst law that Americans have never heard of.”

If You Have an Offshore Bank Account, You Need to Know About the New FBAR

There have been some changes lately to the FBAR that you need to know about. Namely, starting this year, it must be filed online—paper forms will no longer be accepted.

“Cruel and Unusual” Is the Only Way to Describe It

If throwing an elderly widow in a cage for six years for not properly filling out a government form is not cruel and unusual punishment, then the phrase has no meaning.

Americans Are on a Tight Leash

By Nick Giambruno – It is far better to deal with the burdens associated with internationalization than to leave your savings, your income, and yourself in range of a desperate government’s wrecking ball.