Expat News Tagged 'penalties'

Australia Cracks Down On Illegal Foreign Property Investment

Australia Cracks Down On Illegal Foreign Property Investment

By Fiona Moore, for Expatbriefing.com, 04 January, 2019

In December, the Australian Government announced that it had forced the sale of more than 300 properties illegally acquired by foreign nationals. Read full story »

Tags: expatriates | compliance | tax | tax compliance | real-estate | Australia | tax authority | penalties | Expats | Investment | Invest | Investment | Tax

 

French Lawmakers Seek FATCA Relief For Expats In France

French Lawmakers Seek FATCA Relief For Expats In France

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

 

US Expats Seek Relief From Transition Tax

US Expats Seek Relief From Transition 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

 

UK Letting Agent Fee Ban A Boon For Temporary Residents

UK Letting Agent Fee Ban A Boon For Temporary Residents

By Fiona Moore, for ExpatBriefing.com, 15 November, 2017

The cost of temporarily renting property in the UK is to likely drop under legislation tabled before the UK's parliament that would prevent tenants from being charged letting fees. Read full story »

Tags: expatriates | Mortgages | law | fees | enforcement | legislation | penalties | services | Expats | Immigration | Immigration

 

US Passports Won't Be Seized For FBAR Violations: ACA

US Passports Won't Be Seized For FBAR Violations: ACA

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

 

New Zealand Increasingly Appealing For Backpackers

New Zealand Increasingly Appealing For Backpackers

By Haruna Kobayashi, for ExpatBriefing.com, 17 February, 2017

New Zealand, an increasingly popular destination for backpackers, is to increase its minimum wage from April 1, in a move that may improve the country's appeal further following Australia's decision to levy a backpacker tax. Read full story »

Tags: expatriates | tax | business | training | Australia | tax rates | New Zealand | penalties | Expats | Work

 

China To Register Property; Looks To Expand Tax

China To Register Property; Looks To Expand Tax

By Haruna Kobayashi, for ExpatBriefing.com, 30 December, 2014

The Chinese Government has announced that it is to roll out a new property registration system from March 2015. Read full story »

Tags: tax | property tax | China | penalties | Expats | Investment | Property Investment | Invest | Investment

 

US Expats Hail Disclosure Program Breakthrough

US Expats Hail Disclosure Program Breakthrough

By ExpatBriefing.com Editorial, 01 July, 2014

Major changes to the Internal Revenue Service's offshore voluntary compliance program have been welcomed by American Citizens Abroad. The program is offered to overseas American citizens that have not deliberately failed to abide by their tax obligations. Read full story »

Tags: individuals | compliance | tax | tax compliance | law | Internal Revenue Service (IRS) | tax authority | offshore | United States | penalties | individual income tax | Expats | Tax

 

American Expats Get US Disclosure Program Changes

American Expats Get US Disclosure Program Changes

By ExpatBriefing.com Editorial, 23 June, 2014

Under pressure from American residents abroad that have not deliberately failed to abide by their tax obligations, the Internal Revenue Service has announced major changes to its offshore voluntary compliance program from July 1, 2014. Read full story »

Tags: individuals | compliance | tax | tax compliance | law | enforcement | offshore | United States | penalties | individual income tax | Compliance | Expats | Tax

 

IRS To Provide Revised Voluntary Disclosure Relief

IRS To Provide Revised Voluntary Disclosure Relief

By ExpatBriefing.com Editorial, 09 June, 2014

During Internal Revenue Service Commissioner John Koskinen's remarks at a speech before the United States Council-OECD International Tax Conference in Washington on June 3, he indicated that the agency is preparing a new offshore voluntary disclosure program that will be easier on "law-abiding" American residents abroad. Read full story »

Tags: individuals | expatriates | compliance | tax | tax compliance | law | Internal Revenue Service (IRS) | enforcement | tax authority | offshore | United States | penalties | Expats | Tax

 

 



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