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Tax Residency

@TaxResidency
taxresidency.law.blog
Joined September 2016
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Tax Residency in a FATCA and CRS World by William H. Byrnes IV and Robert J. Munro * Contributing Author: John Richardson, LL.B., J.D., CitizenshipSolutions.ca. Rewritten by William Byrnes with additional material included. lexisnexis.com/legalnewsroom…

U.S. Citizens and Green Card Holders Residing in Canada and Abroad

Renounce U.S. Citizenship - Green Card Abandonment - FATCA and CRS Tax Residency - Retirement Planning For Americans Abroad - Second Citizenship

citizenshipsolutions.ca
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Replying to @nigeljgreen @CitizenshipTax
First they would create an exit or "settling up" tax triggered by severing @taxresidency; and Second, they would switch to @CitizenshipTax. They would emulate the USA.
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Reminder to all with @TaxResidency in Canada. The CDN Form T1135 combines features of both US #FBAR and Form 8938. New disclosure program to fix: citizenshipsolutions.ca/2025…

Change In Canada Voluntary Disclosures Program And Avoiding T1135 Penalty - U.S. Citizens and Green...

Canada's new Voluntary Disclosures Program (VDP) may make it easier to correct Form T1135 related mistakes.

citizenshipsolutions.ca
The Globe and Mail (@globeandmail) profile pictureThe Globe and Mail
@globeandmailApr 22
Canadians who fail to report foreign assets to the CRA risk audits, penalties theglobeandmail.com/investin…
Canadians who fail to report foreign assets to the CRA risk audits, penalties

Canadians who fail to report foreign assets to the CRA risk audits, penalties

Taxpayers might consider selling a property to eliminate the need to report annually

theglobeandmail.com
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gulfnews.com/your-money/taxa…
Why repatriating NRIs should close their non-resident bank accounts in India

Why repatriating NRIs should close their non-resident bank accounts in India

There are still doubts among Indian expats on the status of NRE accounts after they return

gulfnews.com
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My answer to Do Digital Nomads pay their taxes in their home country or in the host country? digitalnomadtips.quora.com/D…
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The next step will be for New York, CA and other high tax states to impose #Exittaxes if people move: "Tax collectors chase rich New Yorkers moving to low-tax states. Auditors inspect cell records, ev..." uk.finance.yahoo.com/news/ta… via @YahooFinanceUK
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The three groups (in terms of economic status) leaving California are: 1. Lower class 2. Middle class and 3. Higher class "Californians fed up with housing costs and taxes are fleeing state in big numbers" cnb.cx/2GL9LgI
Californians fed up with housing costs and taxes are fleeing state in big numbers

Californians fed up with housing costs and taxes are fleeing state in big numbers

More Californians are moving from the Golden State, particularly lower-income residents, although even middle-class residents are saying goodbye, according to experts.

cnbc.com
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Both California and the USA define @taxresidency so that ALL people are presumptive tax residents. It's up to to the individual you prove that he is not.People should leave California before the state joins the USA in imposing S. 877A type exit taxes. forbes.com/sites/robertwood/…
Image from John Richardson - Counsellor for US persons abroad (@ExpatriationLaw)
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The USA must stop imposing #worldwide taxation (@citizenshiptax) on people have @taxresidency in other countries who don't live in the USA #BECAUSEITSWRONG! youtube.com/watch?v=qa5jeq3h…
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Numerous answers - none of which focuses on the reality of having @taxresidency in the USA and the possible Exit Taxes imposed on those who try to leave: Question on @Quora: Is getting a US Green Card worth the hassle and cost? quora.com/Is-getting-a-US-Gr…

Is getting a US Green Card worth the hassle and cost?

Answer (1 of 55): Short Answer? Anyone considering leaving their original country of origin's system of governance, moving to a Constitutional Republic, must think very seriously of a USA's citizen's...

quora.com
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It's unlikely that @TaxJusticeNet will care in the least about US @CitizenshipTax - they are concerned only with those with @taxresidency not paying their #fairshare to their country of tax residence. It would be interesting to know what they think about US refusal to join #CRS.
wisecroneknows (@wisecroneknows) profile picturewisecroneknows@wisecroneknows18 Dec 2018
Replying to @ExpatriationLaw @DavidCayJ
Hopefully @TaxJusticeNet & @OECD will include US's unique, immoral non-resident tax theft from other nations' economies when attempting to level the playing field. #CRS is based on residency, US cannot be allowed exceptional status. They should be blacklisted on this alone.
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Replying to @TaxResidency
@taxresidency
Derren Joseph (@derren43) profile pictureDerren Joseph
@derren433 Jan 2019
For expats in China? Individuals who are resident in China for 183 days or more a year are now considered tax residents, and are therefore subject to tax on their global income. This replaces the previous rule that only subjected f…lnkd.in/gW-Ht53 lnkd.in/g-T2nGP

For expats in China? Individuals who are resident in China for 183 days or more a year are now...

For expats in China? Individuals who are resident in China for 183 days or more a year are now considered tax residents, and are therefore subject to tax on their global income. This replaces the...

linkedin.com
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Tax Residency in China under New IIT Law: Impact on Foreigners china-briefing.com/news/tax-…
Tax Residency in China under New IIT Law: Impact on Foreigners

Tax Residency in China under New IIT Law: Impact on Foreigners

Tax residency in China will now depend on whether an individual resides in China for 183-days or more, beginning January 1, 2019.

china-briefing.com
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U.S. Tax Residency: Some Black-and-White Rules, Some Gray cpajournal.com/2018/03/27/u-…
U.S. Tax Residency - The CPA Journal

U.S. Tax Residency - The CPA Journal

When advising taxpayers or preparing returns, bright-line rules are generally the easiest to explain and to handle. In contrast, tax outcomes that depend

cpajournal.com
Understanding the Common Reporting Standard from the CBA: cba.ca/understanding-the-com…
No exchange of information with the USA because the USA has not signed the OECD Common Reporting Standard: "Common Reporting Standard - ITA Part XIX" - Canada.ca canada.ca/en/revenue-agency/…
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"In light of the Wayfair decision, a question may be raised as to whether a state may now try to impose state corporate income taxes as well. Many states have introduced, in addition to the current physical nexus standard, an economic nexus standard." cadesky.tax/us-18-14/
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We see that in the USA @taxresidency for income tax purposes is different than for Gift and Estate tax purposes - "Foreign Investment Into The U.S. Part II: Who Is A U.S. Person" taxconnections.com/taxblog/f… via @taxconnections
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Offshore tax measures behind UK evasion spike international-adviser.com/of…

Offshore tax measures behind UK evasion spike | International Adviser

HM Revenue and Customs identified a 20% jump in serious tax evasion cases in the past 12 months, according to data obtained by law firm Pinsent Masons.

international-adviser.com
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About #domicile 4. It is not easy to change domicile. More than an intention to change domicile is required.
Image from Tax Residency (@TaxResidency)
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About #domicile: 5. In determining whether a person is domiciled in a place the court looks to a number of factors which include:
Image from Tax Residency (@TaxResidency)
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