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From: Earl Evleth on 8 Jul 2010 03:28 On 8/07/10 7:07, in article a7na36pkb5k7pp9e32g50amsb3q8a3qaa1(a)4ax.com, "Mxsmanic" <mxsmanic(a)gmail.com> wrote: > Plus, one has to continue to pay US income tax for >> the next 10 years. > > Or else what? They come after "you" except that I don't know of any cases of that happening. By treating they could attach your French bank accounts, or get a court order and have you hunted down by a huissier. But the IRS overseas is sort of an keystone cops organization, they wander around confused. We personally comply, I like sleeping at night not worrying. It is pay off money, like the Mafia. One is living in a country and one has a natural obligation to pay taxes to that nation. But as permanent residence of France and also a French citizen, I feel no moral obligation to pay US taxes since I get nothing for what I pay for. But I do to avoid trouble. I would also not advise stiffing the IRS. With overseas Americans I never bring the subject up except generally here "don't ask, don't tell".
From: Mxsmanic on 8 Jul 2010 03:42 Earl Evleth writes: > They come after "you" except that I don't know of any cases of that > happening. But how can they come after someone who has renounced his or her citizenship? > By treating they could attach your French bank accounts, > or get a court order and have you hunted down by a huissier. I have to wonder how eager the French would be to accommodate the IRS. Would the IRS similarly accommodate the French fisc? > We personally comply, I like sleeping at night not worrying. > It is pay off money, like the Mafia. But you are still a U.S. citizen, no? The question concerned those who give up citizenship.
From: John Rennie on 8 Jul 2010 05:56 Earl Evleth wrote: > On 7/07/10 22:50, in article 4c34e961(a)news.x-privat.org, "Bill Bonde" > <trybootilltinpaint(a)yahoo.co.uk> wrote: > >> Have piston, will travel? > > Piston means a person has influential friends > No it doesn't; it means you've been pissed on.
From: Earl Evleth on 8 Jul 2010 06:27 On 8/07/10 7:08, in article n9na36dsmcgj7gjb0uskea5isg8m72dris(a)4ax.com, "Mxsmanic" <mxsmanic(a)gmail.com> wrote: > > How often does the IRS cooperate with the tax authorities of other countries > in this way for resident American citizens? In the past my American accountant in Paris has said that he doesn't encounter this kind of incident. One of the problems is getting a seizer off the ground, the IRS and Fisc agents rarely have the ability to communicate with one another so they avoid taking action unless it is a big case and lots of money is involved. Otherwise is might be a waste of time and the agents are judged on "yield". In the US it has long been claimed that IRS agents pick on minority groups because they are least able to defend themselves and are one down socially. Going after a wealthy person who has accountants and lawyers on his side can result in months of no-yield time. I had one friend whose accountant (in the USA) purposefully created "red flags" in his return, this caused the IRS agents to periodically audit his return and find nothing. After a while they gave up auditing him.
From: Donna Evleth on 8 Jul 2010 06:40
> From: John Rennie <john-rennie(a)talktalk.net> > Reply-To: john-rennie(a)talktalk.net > Newsgroups: alt.activism.death-penalty,soc.retirement,rec.travel.europe > Date: Thu, 08 Jul 2010 10:56:11 +0100 > Subject: Re: Big hike in US passport fees, $450 to renounce citizenship! > > Earl Evleth wrote: >> On 7/07/10 22:50, in article 4c34e961(a)news.x-privat.org, "Bill Bonde" >> <trybootilltinpaint(a)yahoo.co.uk> wrote: >> >>> Have piston, will travel? >> >> Piston means a person has influential friends >> > No it doesn't; it means you've been pissed on. LOL! Donna Evleth |