“A Proposal for Fair US Tax Treatment of Foreign Pensions” from @JackieBugnion and Paula Singer

Even in retirement Jackie Bugion writes the best arguments against citizenship taxation ever“. Other references to Ms. Bugnion’s work are here.

In this new post published on May 30, 2016 at Tax Analysts, Ms. Bugnion collaborates with U.S. tax lawyer Paula N. Singer to explain the problems experienced by Americans abroad who have pensions in their country of residence.

This new article explains:

1. The problem – how U.S. tax laws destroy the value of the “foreign pension” as a “pension” at all

2. The treatment of non-U.S. pensions under various U.S. tax treaties (underscoring now tax treaties are very different)

3. The proposal – how the Internal Revenue Code can be simply amended to fix this simple but painful problem.

Below you will find the PDF of this must read article. Please note that this article appears on CitizenshipSolutions.ca under the following conditions:

Permission is for this one use and is contingent on properly crediting the article to the respective authors and to Tax Analysts as the original publisher. Using the PDF attached above covers proper attribution. Any other requests would need to be addressed separately.

Bugnion-Singer (05-30-2016)

John Richardson