A Simple Regulatory Fix For The #FATCA (banking and other) problems for "some" #Americansabroad and others with @dualcitizenship from birth. via @expatriationlaw citizenshipsolutions.ca/2021/06/29/a-s…
The obvious group that could benefit from this would be @USAccidental
It should be emphasized that this can be achieved through "regulation" and NOT through "legislation" (which is more difficult). Here is an earlier analysis I did of this issue which refers to some earlier proposals coming from the Obama administration. citizenshipsolutions.ca/2015/02/08/the…
The 2023 Biden Green Book contained a "legislative" proposal for "Exit Tax Relief" for certain #Americansabroad. Why not use Treasury's authority to delete US citizenship of those with @dualcitizenship from birth? Description of the 2022 Biden proposal. citizenshipsolutions.ca/2022/03/29/bid…
Podcast discussing IRC 7701(a)(50)(B)
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