By Hans Esser, for ExpatBriefing.com, 03 November, 2017
US expatriation numbers are on track for another record year, with 4,448 passport-holders renouncing their citizenship in the first three quarters of 2017. Read full story »
Tags: individuals | expatriates | Foreign Account Tax Compliance Act (FATCA) | FATCA | United States | Compliance | Tax
By by Mike Godfrey, Tax-News.com, Washington, 04 August, 2017
According to Treasury Department statistics, the number of taxpayers renouncing their US citizenship in the second quarter of 2017 hit 1,759 – the second highest on record. Read full story »
Tags: individuals | expatriates | Foreign Account Tax Compliance Act (FATCA) | tax | FATCA | Internal Revenue Service (IRS) | United States | Compliance | Expats | Tax
By by Mike Godfrey, Tax-News.com, Washington, 09 June, 2017
Americans for Tax Reform has urged the Ways and Means Committee to include residence-based taxation for overseas Americans in an eventual tax reform package. Read full story »
Tags: individuals | expatriates | compliance | Foreign Account Tax Compliance Act (FATCA) | tax | FATCA | Internal Revenue Service (IRS) | legislation | United States | tax reform | Compliance | Expats | Tax
By Fiona Moore, for ExpatBriefing.com, 22 March, 2017
Americans for Tax Reform has urged Congressional lawmakers to include the repeal the Foreign Account Tax Compliance Act in ongoing tax reform talks. Read full story »
Tags: expatriates | compliance | Foreign Account Tax Compliance Act (FATCA) | tax | investment | small business | business | FATCA | legislation | withholding tax | United States | tax reform | Compliance | Tax
By by Mike Godfrey, Tax-News.com, Washington, 15 August, 2016
American Citizens Abroad has advocated the inclusion of a "Same Country Exemption" in the final Foreign Account Tax Compliance Act regulations, soon to be issued by the US Treasury Department. Read full story »
Tags: individuals | expatriates | compliance | Foreign Account Tax Compliance Act (FATCA) | tax | tax compliance | FATCA | law | banking | United States | regulation | services | Compliance | Expats | Tax
By Mike Godfrey, for ExpatBriefing.com, 14 June, 2016
According to Treasury Department statistics published in the Federal Register, another 1,158 US taxpayers gave up their passports or their green cards in the first quarter of 2016, in line with the 1,058 expatriations in the final quarter of last year. Read full story »
Tags: individuals | expatriates | Foreign Account Tax Compliance Act (FATCA) | tax | FATCA | law | United States | Compliance | Expats | Tax
By Dex Tennyson, for ExpatBriefing.com , 14 August, 2014
Two American-Canadian dual citizens living north of the border have filed a lawsuit in the Federal Court of Canada challenging the constitutionality of the country's involvement with the USA's Foreign Account Tax Compliance Act. Read full story »
Tags: Treaties | Foreign Account Tax Compliance Act (FATCA) | FATCA | Tax Treaties | Canada | United States | Compliance | Expats | Tax
By ExpatBriefing.com Editorial, 16 June, 2014
The Heritage Foundation has issued a report to demonstrate how the United States Foreign Account Tax Compliance Act is hurting Americans living abroad, and has recommended that it should be reformed. Read full story »
Tags: compliance | Foreign Account Tax Compliance Act (FATCA) | tax | tax compliance | FATCA | law | financial services | insurance | trusts | enforcement | agreements | legislation | United States | tax reform | regulation | individual income tax | services | Compliance | Expats | Tax
By ExpatBriefing.com Editorial, 23 May, 2014
More than three-quarters of American expats and green-card holders who have taken out a supplementary overseas pension contract reported in a recent poll that they are "satisfied" to remain a US citizen despite the United States's incoming Foreign Account Tax Compliance Act rules. Read full story »
Tags: expatriates | Foreign Account Tax Compliance Act (FATCA) | tax | investment | FATCA | law | United States | penalties | Compliance | Expats | Investment | Pensions | Visas and Passports | Invest | Investment | Pensions | Tax
By ExpatBriefing.com Editorial, 12 May, 2014
Rand Paul, in a May 7 letter to United States Senate Majority Leader Harry Reid, confirmed that he will continue to block the passage of five tax treaties that are presently awaiting a move to the Senate floor. Read full story »
Tags: individuals | expatriates | compliance | Foreign Account Tax Compliance Act (FATCA) | tax | tax compliance | Chile | Hungary | FATCA | law | Organisation for Economic Co-operation and Development (OECD) | Luxembourg | Internal Revenue Service (IRS) | tax authority | agreements | Switzerland | United States | Compliance | Expats | Tax