Comparison of RBT, TTFI and CBT

Republicans Overseas has compiled a comparison of the world’s two major income tax methods: residence based taxation and territorial taxation. We’ve added the United States’ citizenship based taxation to demonstrate that overseas Americans would be better off with TTFI.

You can access a PDF copy here:   RBT vs TTFI postcard

“How to Stop Foreign Billionaires from Gaming the US Tax Code”

 – The Washington Times – Thursday, September 21, 2017

ANALYSIS/OPINION:

How do Republicans win in 2018, let alone in 2020, when their president’s approval rating is lower than Hillary Clinton’s self-esteem?

Easy: 5.7 million Americans who live and work abroad are registered and qualified to vote by absentee ballot.

Why’s that a big deal when we already have 194 million registered voters inside our borders, 135 million of whom voted last Nov. 7?

Remember absentee ballots in one state, Florida, won George W. Bush the presidency in 2000.

Read the full article at the Washington Times.

 

 

Non-Americans Enjoy Preferential Tax Rates on US Investments Over US Citizens

Currently non-Americans have very preferential (0-10%) tax rates on dividends, interest and capital gains earned in America while Americans are hounded by the IRS around the world at 38% tax rates on every penny earned outside of America.

Here are the tax rates enjoyed by non-Americans on American investments:

  • Dividends 5-15%
  • Interest 0%
  • Gains 0%

If we believe America First means US citizens first, then non-Americans should pay the same dividends, interest, and capital gains taxes as 322 million stateside and 9 million overseas Americans.

We will bring this issue to the White House on October 2, 2017.

Write a letter to President Trump to support putting US citizens first!

Sign the petition!

Would you like to see the language granting these tax rates to non-Americans? Then please read the US Model for tax treaties.

Help RO get out the word about the TTFI Letter Writing Campaign!

Please help us to spread the word about our Letter Writing Campaign and Petition!

You can forward our TTFI Airmail Postcards:

You can click to tweet:

Tell the White House and Congress to put Territorial Taxation for Individuals into the Tax Reform Package! http://bit.ly/2x1enud

Let’s end double taxation once and for all!

Plaintiffs in FATCA Challenge Seek En Banc Rehearing

Plaintiffs in Crawford, et al. vs. US Department of Treasury, et al. have filed a filed a Petition for En Banc Rehearing in their fight against the Foreign Account Tax Compliance Act (“FATCA”) and related provisions after the Sixth Circuit affirmed the lower district court’s ruling that none of the plaintiffs had standing, i.e., sufficient harm to bring a challenge.

For a complete analysis of the reasoning behind the filing, please read the entire document here.

RNC approves resolution supporting Territorial Taxation for Individuals

During their summer meeting, the RNC approved a resolution supporting the transition from Citizen Based Taxation to Territorial Taxation for Individuals.

Read more

Memo detailing grounds for challenging 6th Circuit Court’s Opinion

James Bopp, Jr. (lead lawyer for the Plaintiffs) and Richard E. Coleson have drafted a memo to analyze the 6th Circuit Court’s decision could and to highlight where the 6th Circuit Court made mistakes in its decision.

Read the memo here.

Republicans Overseas vows to take FATCA battle ‘to Supreme Court’

By: Helen Burggraf | 22 Aug 2017 | International Investment

‘An anti-FATCA lobbying group led by key US Republican Party members has vowed to take its fight against the Foreign Account Tax Compliance Act to the Supreme Court, in the wake of a US Court of Appeals decision, handed down on Saturday, that affirmed a lower district-court ruling dismissing a legal attempt to derail the legislation. 

In a statement on its website, the Republican Overseas Action group said it intends to continue its campaign against the law, arguing that it is causing “real harm” to overseas Americans – contrary, they say, to what the court said in its ruling.

The Court of Appeals ruling found that the plaintiffs – who included Kentucky Republican senator Rand Paul, who has been campaigning against FATCA almost since it was signed into law in 2010 by President Obama – lacked the standing to sue, and that the harms they claimed to have suffered as a result of the law were not, in fact, directly caused by it.’ ….

Read the rest of the full article here. 

 

RO will appeal 6th Circuit Court opinion to the U.S. Supreme Court

The 6th Circuit Court handed down its ruling on August 19, 2017 and found that the Plaintiffs were not suffering any harm as  a result of FATCA, and were in no threat of prosecution for not filing FBAR and FATCA forms,  and therefore, had no standing to bring the lawsuit.

Republicans Overseas will appeal this decision to the US Supreme Court.

Read the ruling here.

Read the press release here.

Sen. Rand Paul to meet with RO Italy