Ms Wallace, In reply to your comments:
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| Language: ....sometimes that means we err on the side of imprecision, but that is not the same as incorrect, and I stand by the correctness of the information. | |
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Then why won't you provide support for your statements? Let's start with the example I cited above: You wrote in your article: "If you are a US citizen with a foreign company or partnership you have to file not just individual but corporate taxes and the penalty for failing to do so is $10,000 per year."
There's no imprecision in what you wrote. It's just not correct.
You do not file "corporate taxes" in either instance you stated. Further, the penalty cited is not for non-filing of tax returns, but for non-filing of certain information returns. (If you disagree, please cite the IRC to support your claim.)
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| jwalker: To say "The majority is non-compliant" is disingenious [sic] on your part - you might have instead quoted this: "The size of the group of non-compliant taxpayers outside the US is difficult to judge... | |
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I assume you meant to be insulting, though since you can't spell "disingenuous", I'm not sure. In any event, I didn't "say" that, I quoted you (accurately
and in context). There would be no reason to quote the second statement ("the size of the group"), since the
size is irrelevant to your (unsupported) claim that "the
majority is non-compliant." Please don't change the subject!
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| jwalker: Yes, there is something new about IRS enforcement.... And the details are in the articles. | |
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You are changing the subject, again, from my comments about your articles. I never wrote that IRS enforcement has not changed.
The glaring error in your 3-part series is your repeated claim that the tax "rules" and "filing requirements" have changed.
You wrote:
"The Rules Have Changed for Citizens" [headline]
"The Rules Have Changed for Americans".
"the IRS (US tax authority) has imposed new rules"
"US citizens...living outside the US should be aware of new tax rules"
"News of changes to US tax filing requirements"
Those statements are precise, clear, quoted in context ....
and are wrong.
Please tell us which "
rules" and "
filing requirements" are "new" or "have changed". You didn't cite a single new rule in your articles, nor in your post here.
Please tell us (by IRC or CFR section)? I don't think you can do so...and I think you know it.
As I pointed out, the filing requirements (tax and FBAR) have not changed for many years; the form TD-90 is at least 15 years old, and the requirement for a US citizen to file tax returns is many decades old.
So, rather than a constructive article to help the few Americans who might be innocently unaware of the filing (FBAR) or tax requirements, your articles clearly set out to stir up fear and uncertainty.
Journalism...at its worst.