By Hans Esser, for Expatbriefing.com, 09 September, 2019
On September 6, 2019, the United States Internal Revenue Service announced new procedures that will enable certain individuals who relinquished their US citizenship to come into compliance with their US tax and filing obligations and receive relief for back taxes. Read full story »
Tags: individuals | expatriates | compliance | tax | tax compliance | interest | trusts | United States | penalties
By Fiona Moore, for ExpatBriefing.com, 18 June, 2018
The French Senate on May 15, 2018, adopted the text of a proposed Motion for Resolution in principle, which calls on the French Government to negotiate with the US Government relief for French taxpayers that were born in the US and face US tax penalties having been unaware they would be covered by the US Foreign Tax Compliance Act. Read full story »
Tags: expatriates | tax | FATCA | withholding tax | France | United States | penalties | Compliance | Expats | Tax
By Hans Esser, for Expatbriefing.com, 29 March, 2018
Two organizations representing the interests of US citizens living abroad have warned the US Treasury Department that the transition tax included in the Tax Cuts and Jobs Act could place unfair tax and administrative burdens on expats with small businesses. Read full story »
Tags: individuals | expatriates | compliance | tax | small business | business | interest | United States | regulation | penalties | Expats | Tax
By Hans Esser, for Expatbriefing.com, 29 March, 2018
Fabrizio Pagani, Italian Finance Minister Pier Carlo Padoan's Chief of Staff, has said that around 150 wealthy expats have taken up residency in Italy under a recently introduced flat tax scheme intended to attract investors to the country. Read full story »
Tags: individuals | expatriates | Russia | Finance | tax | Netherlands | Norway | Italy | Switzerland | United States | individual income tax
By Haruna Kobayashi, for ExpatBriefing.com, 18 December, 2017
Eurostat, the EU statistics agency, says a record 3.4 million first-time permits were issued to non-EU residents by EU states in 2016. Read full story »
Tags: expatriates | India | Syria | accounting | China | education | Germany | Poland | United States | Ukraine | Expats | Europe
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 Fiona Moore, for ExpatBriefing.com, 02 November, 2017
Americans and prospective US citizens will not lose their right to a US passport for incurring significant penalties for failing to declare a foreign bank account to the Internal Revenue Service, a taxpayer lobby group has said. Read full story »
Tags: expatriates | tax | interest | law | Internal Revenue Service (IRS) | legislation | United States | penalties | Expats | Tax
By Fiona Moore, for ExpatBriefing.com, 04 October, 2017
American Citizens Abroad, an advocacy group for American expats, has released "refined" proposals for residency-based taxation for American citizens receiving income from overseas. Read full story »
Tags: individuals | expatriates | tax | tax avoidance | interest | retirement | legislation | gift tax | United States | tax reform | Expats
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 Haruna Kobayashi, for ExpatBriefing.com, 14 July, 2017
The United States look set to drop plans floated by the Obama administration for visa concessions for international entrepreneurs. Read full story »
Tags: expatriates | investment | business | entrepreneurs | United States | Expats | Visas and Passports | Working Abroad | business investment | Work | Working Abroad | Working Abroad