The Mudcat Café TM
Thread #140024   Message #3216804
Posted By: GUEST,number 6
01-Sep-11 - 09:26 PM
Thread Name: BS: U.S. expats and the IRS
Subject: RE: BS: U.S. expats and the IRS
I'm not trying to bring up any moral issues about why or why not someone who has lived in Canada for the past 25 years and decided to become a citizen only 5 years agos (regardless, they are Canadian citizens still holding U.S. citizenship) ... what I'm trying to say is there are new moves by the IRS to go out after any U.S. citizen who holds dual citizenship, or who has U.S. citizenship and has lived in another country for most of their lives and never earned a dime either through work, or investments from the U.S. must as of yesterday (08/31/2011) filed the past 4 years to the IRS ... if they don't they could now have some complicated issues with the U.S.

Whew .... get it ??

again .... if any Madcatter falls into the above category you should now consult a lawyer familiar with U.S. tax laws

biLL