Well let's be fair here. The US has pretty much been slowly self-destructing since the late '60s early '70s. Obummer is just the latest in a string of self-interested clowns.
Sunnyways
Forum Super Elite
Posts: 2221
Posted: Fri Aug 20, 2021 10:46 am
I see FATCA-related questions are now asked when you open a new account with your own bank and we still have no right to know when a bank has sent our details to CRA or when CRA forwards it on to the US. This lack of disclosure is convenient for the snoopers - nobody knows when information has been forwarded in error on clients who aren’t US persons. We have no control over what the US does with this info and zero warning when they are coming after us.
housewife
Forum Super Elite
Posts: 2827
Posted: Sat Aug 21, 2021 12:54 pm
Wait till they start going after people who could be. Which is one of the reasons I didn’t go after my US citizenship their taxes are not something I want to deal with.