Time magazine is latest mainstream U.S. publication to run major story on plight of America's 'accidentals'

Time magazine, one of the longest-established and best-known weekly magazines in the U.S., has become the latest mainstream media outlet to run a major article about America's so-called "accidental Americans," and their struggles to maintain bank accounts in the countries in which they live and are citizens of, as a result of the controversial U.S. law known as FATCA. 

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U.S. gov't publishes near-record list of quarterly renunciants' names in spite of Covid-19 lockdown

The U.S. government on Thursday published its second-largest-ever quarterly list of names of Americans who have renounced their citizenships – in spite of the fact that the processing of renunciations by U.S. consulates and embassies around the world has all but ceased, according to U.S. citizenship renunciation experts, who help dual citizens looking to give up their U.S. passports, and in some cases Green Cards, to do so.

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French finance minister reassures French banks over FATCA concerns, on eve of TIN reporting deadline

On Tuesday – the last day before all non-American banks and financial institutions around the world were officially required to supply the U.S. authorities with the so-called Tax Information Numbers of all their American clients, or potentially be in breach of the Foreign Account Tax Compliance Act – French Finance Minister Bruno Le Maire issued a statement reassuring France's banks with respect to any American account-holders whose TINs they still don't have.

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Opinion

AARO, to Biden, Harris: 'Congratulations, let's work together on behalf of overseas Americans'

AARO, to Biden, Harris: 'Congratulations, let's work together on behalf of overseas Americans'

Today, Jan. 20, is Inauguration Day in Washington, D.C., when Joe Biden is due to be sworn in as the next president of the U.S. Here, William Jordan, president of...

Jan-20-2021