nullptrMar 10

"US Person": is a red flag for financial institutions in Europe

https://lemmy.world/post/44073145

"US Person": is a red flag for financial institutions in Europe - Lemmy.World

I saw some posts about american wanting to move to Europe; so just before you guys make the move, double-triple check insurances/banks, because literally every time I (not american) do smth financially related in France, they ask me if I am american? If yes, they won’t even open accounts/ give me insurance etc… Sounds discriminatory but apperently because legal I dont know if that expands to any other field

Show threadPlutoniumAcidMar 10

Google FATCA, the US Foreign Account Tax Compliance Act.

Anyone anywhere in the world that is either US citizen, or a green card holder, or in other ways related to Murica, must pay US taxes. It’s insane, but the US tax system is powerful enough to bully all other countries into compliance.

Don’t get me started. 🤮

Show threadP03 LockeMar 10
Citizenship isn’t free. You don’t get to have your cake and eat it, too.
Show threadGlytch

Off topic but I hate that that phrase is backwards. If you have a cake you can eat that cake or you’re in the process of eating it (“having cake”). If you eat a cake you can’t then have it other than having it in your belly.

I know I’m being pedantic and off topic, but you’re getting downvote to hell so what’s it matter?

Mar 10 at 9:19pmWeb
Show threadmyplacedkMar 11

It’s it “having” as in owning it? “I have a cake”.

You can’t eat a cake, and then still have it.

Show threadGlytchMar 11
That’s what I’m saying, yes.