Tuesday, August 14, 2018

Territorial Tax for Individuals (TTFI) update/live event August 16, 2018

Territorial Tax for Individuals (TTFI) update/live event August 16, 2018
Are you in Toronto August 16th? Don't miss this important AmCham event with Solomon Yue of Republicans Overseas. You can add your input on how you think tax reform should treat US persons who don't live in the US. Link here: https://ift.tt/2OBC57M Joining Tax Attorney Anthony Parent of Parent & Parent LLP is John Richardson of citizenshipsolutions.ca and Keith Redmond, Global advocate for the Americans overseas. In this podcast we discuss the differences between Citizenship Based Taxation (CBT)/Universal Tax Jurisdiction and a territorial system. We explain how tax reform created a territorial system for corporations, but not for individuals and our work that change that. Thanks to the great work a tireless advocates, Representative George Holding (R-SC) will introduce a stand-alone TTFI bill we hope in late August early September 2018. Should this pass, this would be a monumental achievement. The taxing jurisdiction of the United States has not been changed since Tait v Cook, a 1924 US Supreme Court case. To get engaged and help the cause, join American Expatriate 2.0 on facebook or now on Linked in: https://ift.tt/2nAbZ9Q for updates: https://ift.tt/2OBC6bQ https://ift.tt/2vDQV6L Parent & Parent LLP 144 South Main Street Wallingford, CT 06492 (203) 269-6699 info@irsmedic.com https://youtu.be/Y8laRRtc000 IRS Medic

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