Long-awaited Canada FATCA trial kicks off on Monday, with 'live webcast'

A trial in which a group of Canadian/American citizens are seeking to challenge the constitutionality of the Canadian government's enforcement of America’s FATCA legislation is set to begin on Monday in a federal courthouse in Vancouver, British Columbia, and will be broadcast live via a "webcast", according to sources involved in the lawsuit.

  • Tax

Frustration across Expatland as ‘final Transition Tax’ regs published

American owners of small businesses who are resident outside of the U.S. are reacting with frustration, and in some cases dismay, to the news that the U.S. government has published its final draft of the so-called Transition Tax element of Donald Trump’s Tax Cuts and Jobs Act without taking into account concerns about what the legislation would do to them.

  • News

Expat tax experts Richardson, La Torre Jeker go looking for ‘Mr FBAR’

Looking for Mr Goodbar was a 1975 book, made into a film two years later, about a New York City schoolteacher who ended up being murdered by a young man she’d just met. 

“Mr FBAR,” on the other hand – and of rather more relevance here – is an Expatland nickname for a document that U.S. expats around the world have been required to file annually with the IRS since 1970, if their total offshore bank and financial account holdings total US$10,000 or more at any time during the tax year.

  • Tax
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Opinion

A renounced ‘accidental’ replies to UK gov’t’s Stride: ‘It’s not that we’re not British, we are – but we're also not really American'

A renounced ‘accidental’ replies to UK gov’t’s Stride: ‘It’s not that we’re not British, we are – but we're also not really American'

Last week, it was revealed that British Labour MP Preet Kaur Gill had received her second formulaic and non-committal response in two months to specific questions she had asked the...

Feb-19-2019