U.S. Citizens Who Owe Money To The IRS Could Be In For a Nasty Surprise in 2017.
If you owe the IRS more than $50,000 or have a have a ‘seriously delinquent tax debt’, you could be in for a nasty surprise later this year.
President Trump’s executive order on travel may be generating big protests and be put on hold by the courts, but an IRS missive on travel and passports may not go down too well either.
According to the IRS website: “The IRS has not yet started certifying tax debt to the State Department. Certifications to the State Department will begin in early 2017…”
USC 7345: Revocation or denial of passport in case of certain tax delinquencies:
“If the Secretary receives certification by the Commissioner of Internal Revenue that an individual has a seriously delinquent tax debt, the Secretary shall transmit such certification to the Secretary of State for action with respect to denial, revocation, or limitation of a passport pursuant to section 32101 of the FAST Act.”
So if you have seriously delinquent tax debt, IRC § 7345 authorizes the IRS to certify that to the State Department and then the department generally will not issue or renew a passport to you after receiving certification from the IRS.
There only two countries in the world who tax their nonresident citizens, no matter where they live or work are Eritrea, a small East African country which is one of the least developed countries in the world and has such a low household income that the CIA has no record of it and, the USA.
The IRS has not yet started certifying tax debt to the State Department. The IRS says certifications will begin in early 2017 – which is now folks – and the IRS website will be updated to indicate when this process has been implemented.
If you have a ‘seriously delinquent tax debt’ to the IRS or ‘think’ you owe money to the IRS I would strongly encourage you to take action now because losing your passport could have very serious consequences for you.
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U.S. Citizens Who Owe Money To The IRS Could Be In For a Nasty Surprise in 2017.
Written by Scott Oliver, author of 1: How To Buy Costa Rica Real Estate Without Losing Your Camisa, 2: Costa Rica’s Guide To Making Money Offshore and 3. ¿Cómo Comprar Bienes Raíces en Costa Rica, Sin Perder Su Camisa?
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