Independent tax professionals from across Canada and elsewhere will come together later this month in Toronto, at a two-day, CPD-accredited “U.S. Expat Tax Conference”.

In the final days of 2017, President Trump signed into law a major overhaul of the U.S. tax code, the so-called Tax Cuts and Jobs Act, that contained major, life-changing elements for many American expat small business owners in particular.

Over the last few weeks and months, more media attention than usual has been paid to the 2010 Obama law known as the Foreign Account Tax Compliance Act (FATCA).

Much has been written and spoken about the Internal Revenue Service's new "Relief Procedures for Certain Former Citizens" regime since it was unveiled earlier this month – apparently to enable mostly "accidental Americans" who have relinquished their U.S. citizenship, or are hoping to, the chance to easily and cheaply enter into U.S. tax compliance. 

Two citizenship experts will debate the merits of citizenship-based tax regimes this Friday, in what is being billed as a “YouTube Live Stream event,” sponsored by a U.S.-based  tax industry news website.

American income taxed by the U.S. is increasingly being hit by a second round of income tax, when the American individuals who paid the initial round of tax on it are bringing it with them into Greece, it was revealed on Wednesday evening, during an American expat tax event in Athens.

Republicans Overseas vice chairman and chief executive Solomon Yue and Toronto-based lawyer and citizenship expert John Richardson will bring their ‘Tax Fairness for Americans Abroad’ roadshow to Athens next week, as part of ongoing efforts aimed at boosting awareness and support among American expats in Greece for proposed legislation bearing that name.

The IRS's collection of 15 tax quotations, wonderful as it is – as we noted yesterday – does miss a few classics that rank highly in our own collection.

There's Benjamin Franklin’s quote, for one thing, which is probably among the world's best-known tax quotations of all: “In this world nothing can be said to be certain, except death and taxes.” 

Republican Representative George Holding will discuss his recently-proposed Tax Fairness for Americans Abroad legislation in April, in a public forum for American expats in London that the organizers say they are hoping will build the solid cross-party consensus that Holding’s bill will need to be approved by Congress. 

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.