If You Go, You Can’t Come Back: Reed Schumer Follies

AC probably speaks for most of us:

“What kind of a game is US playing? Gotcha?”

Virginia La Torre Jeker has another outstanding interview with Bill Yates, former counsel with IRS. Mr. Yates tells us some inside information in If You Go, You Can’t Come Back: Reed Schumer Follies

Mr. Yates seems to find the implications of citizenship-based taxation funny. We don’t.

Thanks Badger for posting this in the Renounce and Relinquish thread. I have given it a thread of its own because it is significant.

 

Hundreds of thousands affected by power blackouts

My heart goes out to those hundreds of thousands of people who have been affected by the massive power blackouts in Ontario, New Brunswick and Quebec.

I cannot imagine how miserable, and frightening it must have been with no heat and no electricity in the cold – for so long. Some were without power for over a week. That it’s been over the Christmas period, I’m sure just made it even worse.

According to the latest news this morning, 95% have had their power restored, but those that have power will now have to deal with the effects of the outage, such as spoiled food in their fridges and freezers, burst pipes, and all kinds of extra costs.

I saw some heartwarming stories of how people helped their neighbours, and how others helped strangers, just out of concern for their fellow human beings. And, I’m sure that the people who’ve come together here are out there doing what they can, as pulling together is what we’ve all, collectively, done so well. Sometimes I rant about how our society is becoming so narcissistic and egocentric – I’m glad to have been shown that I’m being too cynical and jaded.

I sincerely hope that all of you that were affected by the outages have come through with as little negative effects as possible. Be assured, the rest of Canada is pulling for you, and wishing you well.

 

Credit Union Central of Canada: FATCA Deadline Approaches. Details Remain Elusive

Badger posted this under What’s New, but I think an article from Central  Credit Unions of Canada (FATCA Deadline Approaches. Details Remain Elusive) deserves a post of its own. Thanks Badger for this great find.

According to the article, Credit Unions Central of Canada continue to attend periodic briefings with Finance Canada and CRA. Well, that’s certainly more than those of us most directly affected are getting.

They continue to be told negotiations are still underway and that nothing will be announced until 2014 (Again, that’s a bit better answer than the “soon” we have been receiving for over a year.)

Based on “well-informed predictions” of Canadian officials (would be nice if they would tell us too!): Continue reading

Santa Is a Canadian Citizen: UPDATE 2013

We told them last year.

Santa is a Canadian citizen! Santa Is Canadian

We warned them then:  Don’t you dare insist Santa is a “US person!.”  Well, the Americans are at it again.

Another Conservative MP and Parliamentary Secretary to the Prime Minister confirmed in the House of Commons last week that Santa is Canadian. Yet, the USA is trying to nail him as theirs.

They’re Baaack! For the holiday season, the Americans are once again insisting the“real” Santa lives in the US. Don’t they know his suit is red and white–not red white and blue?

They probably  issue Santa a Green Card every December to add Christmas color to his all-Canadian suit. Or, maybe they just let him hang out in Alaska so they can impose “substantial presence” on Santa.

US Treasury and IRS are sneaky. They do that so when Santa returns to his real home at the North Pole in Canada with his Canadian HOH OHO postal code, they can nab him as a “US person” and FATCA (Foreign Account Toy Compliance Act) the jolly fellow.

If there is any question about Santa’s citizenship, the fact Canadian Conservatives and Liberals actually agree on that point should prove it. . Liberal leader Justin Trudeau even made a public declaration on television.  Look at what the goodwill of the holiday season can accomplish!

So, will Canadian Finance Minister Jim Flaherty ensure Santa and all other Canadian citizens are protected from IRS and FATCA under Canada’ banking, privacy and human rights laws? Or, will Santa have to join other Canadians in a challenge under Canada’s Charter of Rights and Freedoms?

So far, Minister Flaherty hasn’t responded to our Christmas letter to him. Continue reading

Vaud League Article “FATCA Kesako” === “FATCA What’s-it??”

Please have a look at the article in French http://www.ligue-vaudoise.ch/?nation_id=2701,
partial translation at IBS: http://isaacbrocksociety.ca/2013/12/19/fatca-whatsit-vaud-league-switzerland/

And if you still know any Swiss Citizens to sign the anti-FATCA referendum for Switzerland, please get them to sign and send in the sheets: http://www.stop-fatca.ch/?lang=en