Horrible, Terrible Day with IRS and FATCA

Robert W Wood at Forbes is reporting on Mayor Boris Johnson’s Terrible, Horrble, Terrible very Bad Day as an American. He suggests Mayor Johnson’s next book should be about the plight of U.S. citizens abroad.
That book could help Canada’s $1 million dollar baby who was born in Hawaii when her mother went into premature labour and gave birth nine weeks early. With everything the family is dealing with, I certainly do not want to add to their stresses by telling them what a U.S. place of birth means for little Reece as she grows up.
Patric Cain has reported on a Canadian man who went to Mexico to renounce his unwanted U.S. citizenship.
According to Patric`s article, there may be a court hearing of our lawsuit early in the new year. Help make that day a good day. Donate to ADCS now.

6 thoughts on “Horrible, Terrible Day with IRS and FATCA

  1. Oh Oh. Boris Johnson`s Terrible, Horrible, Very Bad Day is becoming a Terrible, Horrible, Very Bad Week.
    The Mirror in the UK is accusing millionaire Boris of snubbing the IRS. The Labour Party says he should pay up.
    Forbes says BJ is giving the IRS the finger.
    Reason says IRS is trying to mug BJ.
    The Guardian and The Independent in Britain are also on to BJ now.
    BJ says he is done talking about the IRS. I wonder if he knows about FATCA yet.

  2. You know, I wouldn’t wish this situation on anyone, but maybe these high profile people will shed some light on the injustice. Of course, it doesn’t help that he’s another rich person, but I guess, poor or rich, we all feel the same.
    “….The Mayor was asked by the interviewer, Susan Page, whether he was going to pay, and at first tried to avoid answering by saying that the demand was “outrageous”.
    Asked again, he replied: “Well, no, is the answer. I think it’s absolutely outrageous. Why should I?… You know, I haven’t lived in the United States since I was five years old.”

  3. @Outraged: Yes, it would be great if we could get BJ and other high profile folks in this fight. Unfortunately, I don’t think they will for the simple reason the IRS will probably leave them alone while going after the little guys and gals.
    For Boris, this story continues to grow. As bad as it is for us, imagine having it play out in the media on both sides of the pond.
    From Bloomberg: “No tax please, I’m British.”
    The Times.; “Boris risks jail by telling America he won’t pay its tax.
    Ldn24 “No Siree! Boris Johnson refuses to pay US taxes”
    We need Boris on our side. I have tweeted him several times, but no reply.

  4. Maybe Boris should offer to pay up on the condition that Al Sharpton present a certified cheque to the IRS for the $4.5 million he owes.
    But wait. That would be racist. Furthermore, we can be fairly sure that Sharpton voted for Obama, and probably even helped mobilize the black panthers at the polling stations.
    So rather than the IRS making him pay up, I think a more likely scenario would be a Presidential pardon.

  5. From Macedonia OnLine “Hell No, Won’t Pay”
    So far, Boris has been silent about FATCA. He must know about it. Doesn’t this mean all the accounts for which he has signing authority for London must be reported? Will UK banks FATCA his personal accounts or will they give him a pass because of who he is?

  6. Of course Johnson would have been smart enough to file a complete declaration. Once a complete declaration is filed, collection is only a civil matter.
    The IRS can only pursue collection through a British Court, and under normal tax treaties a British court will not assist a foreign power with collections from one of its citizens if the relevant transaction occurred in the UK.
    And if that UK citizen was a resident of the UK at the time of the transaction.
    That’s how the Canada – US tax treaty works for sure.
    As long as his declaration is not false, he has not broken the law.
    Otherwise he would have been arrested when he was in the U.S. a short time ago.

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