Israel-based Monte Silver to join AARO board, tax committee 

Monte Silver, the Israel-based American expat lawyer who made headlines last month when a U.S. District Court in Washington, D.C. said he and his fellow plaintiffs could go ahead with their legal challenge of a key component of President Trump's 2017 tax reform legislation,  is to join the board of the Paris-based Association of Americans Resident Abroad, and become chairman of its tax committee.

  • News

Fresh from DC court triumph, tax lawyer Silver unveils plans for road trip

Weeks after a U.S. District Court in Washington, D.C. ruled in his favor by denying a U.S. government effort to prevent him from legally challenging a key component of President Trump's December 2017 tax reform legislation, Tel Aviv-headquartered U.S. tax attorney Monte Silver has unveiled plans to undertake a  global road trip, to "meet all those who have supported the cause".

  • Tax

Judge's decision 'clobbered Treasury/IRS' Monte Silver tells Steve Mnuchin, other Treasury officials

Two days after a U.S. District Court judge in Washington, D.C. ruled that he could go ahead with a legal challenge of a key component of President Trump's December 2017 tax reform legislation, Tel Aviv-headquartered U.S. tax attorney Monte Silver told U.S. Treasury Secretary Steve Mnuchin and other Treasury officials in an email that their case against him had been "clobbered" by the decision.

  • Tax

U.S. District Court denies IRS effort to get it to dismiss legal Transition Tax challenge – on Xmas Eve

A U.S. District Court in Washington, D.C. said on Tuesday that it "reject[ed]" claims by the Internal Revenue Service that Tel Aviv-headquartered U.S. tax attorney Monte Silver and his fellow plaintiffs  "lacked standing" to challenge a key component of President Trump's December 2017 tax reform legislation, as it applies to controlled foreign corporations. 

Silver called the ruling a "massive win" for him and other small business owners impacted by Trump's Tax Cuts and Jobs Act, because it meant that his potentially "precedent-setting case" can now go ahead. 

  • Tax

Monte Silver counters IRS ‘dismiss’ motion in U.S. Court

Israel-based U.S. tax attorney Monte Silver has formally countered the Internal Revenue Service’s motion earlier this month to dismiss his and his company's ongoing lawsuit that challenges a key component of President Trump's December 2017 tax reform legislation.

  • News

IRS responds to Transition Tax lawsuit with 'Motion to Dismiss'

The Internal Revenue Service has moved to dismiss a lawsuit brought five months ago by Israel-based U.S. tax attorney Monte Silver – which challenged a key component of President Trump's December 2017 tax reform legislation as it applies to controlled foreign corporations – on grounds that Silver and his fellow plaintiffs in the matter "lacked standing."

  • Tax

Monte Silver: TCJA still a major problem, but some progress seen in recent GILTI revisions

President Trump's Tax Cuts and Jobs Act 2017, which took effect on Jan. 1, 2018, has been a huge issue for many Americans who own as little as 10% of a small overseas business. Caught up in a clumsy legislative effort aimed at such large multi-national American companies as Google and Apple, these small business owners are, as has been frequently reported by this media organization and others, being forced to pay a 17.5% transition tax on income from their small business entities that dates back as far as the 1980s. 

  • Tax
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Opinion

Opinion: Give trapped Americans abroad a break this tax season

Opinion: Give trapped Americans abroad a break this tax season

The spread of the deadly COVID-19 pandemic is wreaking havoc on most Americans’ finances, prompting the federal government to delay 2019 tax filing and payment due dates to July 15.  Here, Ross...

Mar-28-2020