Today, as regular readers of the American Expat Financial News Journal will know, is the deadline for American expats who own their own small businesses outside of the U.S. to complete and submit to the Democrats Abroad an online survey of their  experiences of, and thoughts about, the so-called GILTI regulations that came into force in January, 2018.

American expats who own their own small businesses outside of the U.S. are being strongly urged to take an online Democrats Abroad survey about their experiences under the so-called GILTI regulations that came into force in Janury, 2018 – particularly if they've found them to be burdensome – as the deadline is this Friday (Aug. 20). 

The American Citizens Abroad has written to seven top U.S. Treasury officials, including Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig, to urge it to "revisit" the way President Trump's 2017 Tax Cuts and Jobs Act is affecting the small- to medium-sized businesses owned by Americans overseas – in addition to urging them to take other actions, including "the true corrective measure" of switching the U.S. to a residence-based tax (RBT) regime.

A U.S. Supreme Court decision having to do with a Civil War-era law known as "the Anti-Injunction Act" is being hailed by Israel-based U.S. tax attorney Monte Silver as a victory for U.S. taxpayers, as well as "very good news" for his recent and ongoing efforts to challenge the Transition Tax element of Donald Trump's Tax Cuts and Jobs Act.

Monte Silver, the Israel-based U.S. tax attorney who recently saw his and his company's legal attempt to challenge the Transition Tax and GILTI elements of former Donald Trump's 2017 Tax Cuts and Jobs Act dismissed on a technicality, has made good on his vow to continue to pursue the matter "to the very end," with the filing of two motions in a U.S. District Court on Friday. 

Monte Silver, the Israel-based U.S. tax attorney who recently saw his and his company's legal attempt to challenge the Transition Tax element of former Donald  Trump's 2017 Tax Cuts and Jobs Act dismissed on a technicality, says he's now decided to appeal the March 28 decision, and is inviting supporters and other expat small-business owners to help him finance it.  

A major and potentially precedent-setting legal challenge to a key component of President Trump's December 2017 tax reform legislation, as it applies to "controlled foreign corporations", will move at last to a U.S. district courtroom in Washington, D.C. on Monday, more than two years after it was launched.

The Democrats Abroad has forcefully rebutted arguments contained in a letter its Republican counterpart organization sent last week to President Trump chief of staff Mark Meadows, in which the Republicans Overseas called on Meadows to use an executive order to address some of the key tax issues U.S. expats have been struggling with.

American expatriates who own small- and medium-sized small business corporations outside the U.S. are expressing growing concern over what they say is a move by two Washington lawmakers to legislatively reverse a 2019 interpretation by the U.S. Treasury of elements of President Trump’s Tax Cuts and Jobs Act, which had been meant to help such individual owner/operators of such small, non-U.S. businesses, who had originally been hard-hit by the Trump legislation.

For Israel-based American tax law specialist Monte Silver, what was to turn out to be one of the key components of his legal challenge against President Donald Trump's 2017 Tax Cuts and Jobs Act didn't exactly leap from the 250 pages of the final draft of the regulations, as he first studied them after they were issued in August 2018...