Quote:
Originally Posted by u-Bob
they've thought about that:
Starting in 2013 ? or 2014 if an exemption is granted ? every bank in the world will be required to report to the IRS all accounts held by current and former US citizens. If account holders refuse to provide verification of their non-US citizenship, the banks will be required to impose a 30 percent tax of all payments or transfers to the account on behalf of the IRS. Banks that do not comply will "face withholding on U.S.-source interest and dividends, gross proceeds from the disposition of U.S. securities, and pass-through payments."
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as mentioned, there's no way the US can enforce banking laws on other countries. they tried with the 'know your customer' law and it was a joke outside the US.
"every bank in the world will be required to report to the IRS" -- are they serious? who the fuck are they? the US owes trillions to Russia and China. now they are making demands? i am an American but all i can ever think is "stupid fucking Americans!"
i never planned to return to the US and now they've given me another reason to stay away. fuck the fat pigs of DC.