*** SPECIAL FATCA UPDATE *** Are Americans just IRS penalties waiting to happen?

*** SPECIAL FATCA UPDATE *** Are Americans just IRS penalties waiting to happen?

For immediate help with an international tax/FBAR/FATCA problem click to: https://ift.tt/1RfwK1f Joining international tax attorney Anthony E. Parent is John Richardson of citizenshipsolutions.ca and Keith Redmond of American Expatriates 2.0 - find him at https://ift.tt/2algxeE The three discuss the Canadian Foreign Account Tax Compliance Act (FATCA) litigation and what it means along with the next steps toward the Supreme Court of Canada, and the remarkable ease at which Canada seems perfectly fine surrendering its sovereignty to the whims of the IRS. Someone the Canadian Charter of Rights and Freedoms protects the Canadian government more than its people of Canada. Keith Redmond discussed the FATCA litigation in France on behalf of Accidental Americans. There two the French courts denied any real releif, but the upside is the case will be head by the EU courts - meaning that if succesful the ruling could benefit all Americans in Europe from the FATCA disaster. The three also discuss the merits of getting a social security number while simultaneously claiming one is not subject to US taxation. The three conclude by dismissing the internetexperts who claim there is a one-size solution for all. Attorney Parent discusses the situations in whcih a US person REALLY should comply and enter into a streamlined disclosure program, as opposed to gambling and hoping the IRS never catches up. More updates to come so be sure to subscribe. Parent & Parent LLP 144 South Main Street Wallingford, CT 06492 (203) 269 6699 info@irsmedic.com https://youtu.be/qgrkX768GDE IRS Medic