General Discussion
In reply to the discussion: BREAKING on MSNBC: Bachmann withdraws Swiss Citizenship [View all]riverbendviewgal
(4,396 posts)Born in the USA and a Canadian by choice.
It seems that now we Canadians in Canada who have US citizenship must file US taxes and now report ALL our money in the banks and the Canadian Banks have to report to the US what we have...
How does dual citizenship in Switzerland work for taxes? anyone know? . Would Bachman have to pay if she kept Swiss citizenship and her children.. How about her husband?
My son born in Canada and never worked in the USA must file taxes now for America. This is insane and now this law HIRE is going to make everyone who is American report their banking, investing income, real estate to America , even if they don't have income from America. This is going to cost me...My husband left me a pension in investments...I am going crazy as I just found out about this and there is a June 15th deadline....So far one tax accountant who has the official US number to do taxes gives me a quote of $400 a tax year. Minimum year of taxes is 6....I am a widow with a pension. don't own a home...living on CPP and a small CDN company pension.
Anyone else in this boat?. Email me on my account email here.
My late son's widow, born in Israel and Canadian now..says Israel dual citizens do not file Israel income tax if they live abroad..