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<h1 class="entry-title">Category: Taxes</h1>
20 Sep
Taxes For The Global Citizen

Taxes For The Global Citizen

Don't Let Taxes Wag The Dog A reader wrote this week with a new reason for being turned off from Colombia...taxes. Someone told the guy that Colombia taxes anyone in the country for more than six months on his worldwide income and that Colombia imposes a wealth tax. Therefore, because, as he interpreted it, this [...]
30 Aug
Who Wants Egalite?

Tax Debates In France: Who Wants Egalite?

In doing further curiosity reading after my Monday dispatch to you about the current tax debates here in France, I found some hilarious comments posted on news sites discussing Hollande’s planned increase of the top marginal tax rate in France to 75%. The best was from a young lady who stated (I’m paraphrasing a bit): […]

27 Aug
Implications Of Hollande’s Tax Hikes In France

Implications Of Hollande’s Tax Hikes In France

Nevermind The Politicians Based in Paris the past few weeks, we've been getting questions from readers and friends about what we're going to do in the face of recently elected President Hollande's proposed big tax changes. Hollande plans to increase this country's top marginal tax bracket from 41% to 75% for income over €1 million [...]
13 Aug
It Is Not Illegal To Move Assets Offshore

It Is Not Illegal To Move Assets Offshore

Moving Isn't Hiding Some recent reader e-mails have me scratching my head. Some readers rail against me for writing about ways both to save taxes and to protect assets by moving them offshore. These readers seem fully to believe that these activities are illegal. The only thing I can think is that they are mis-merging [...]
12 Jul
Practical Tax And Filing Consequences Of New FATCA Legislation Taking Effect

Practical Tax And Filing Consequences Of New FATCA Legislation

FATCA Is Closing In.. The level of concern among Americans seems to be growing as the FATCA implementation deadline draws closer and more people are becoming more aware of the implications and possible consequences of this absurd legislation. The first consequence has to do with the 30% withholding when wiring funds to a non-U.S. bank [...]
17 May
Who Is Required To File U.S. IRS Form 8938

Who Is Required To File U.S. IRS Form 8938

Understanding IRS Form 8938 (Good Luck) Tax season is over, but many U.S. taxpayers remain confused about the new IRS Form 8938...including many tax professionals, it seems, given the number of e-mails I'm getting from readers asking questions to make sure their tax preparers completed their forms correctly. This new form is a catch-all intended [...]
26 Mar
Data-Mining In Counter-Terrorism Analysis

Data-Mining In Counter-Terrorism Analysis

Incremental Degradation Civil rights took another hit in the United States last week, as the incremental degradation of the average American's right to privacy marches on. Last week, Obama signed new guidelines allowing the "intelligence" community to retain electronic data believed potentially useful in the "War on Terrorism" for five full years (up from the [...]