I'm not sure you can help me with my question as I'm a dual Aus/US
citizen but living in the US
JA: The Accountant will know how to help. Please tell me more so we can help you best.
Customer: An issue came up today as I received a letter from my bank in Australia requiring I submit a FATCA document to my bank declaring that I am or am not a US citizen for tax
purposes. I only became a US citizen a year ago and am confused as to whether I have to pay double tax on interest
I earn in Australia. I have been living in the US for 12 years now and only just received this letter "for tax purposes or a US citizen"
JA: Is there anything else important you think the Accountant should know?
Customer: I have had a term deposit in Australia for over 12 years and did not think that I have to also pay tax on the interest in the US as I have been paying tax on it to the Australian govt this whole time. Do I have to pay double tax on it?
JA: Our top Accountant is ready to take your case. Just pay the $5 fully refundable deposit and I'll fill the Accountant in on everything we've discussed. You can go back and forth with the Accountant until you're 100% satisfied. We guarantee it.