Breaking: Congressman Holding scrapes through with ‘Tax Fairness for Americans Abroad Act’

With just hours to go before most of the United States was due to close down for the Christmas holiday, Congressman George Holding today at last delivered a long-anticipated bill aimed at addressing the enormous problems many Americans living abroad have been having that are a result, most agree, of the fact that they are taxed on the basis of their citizenship rather than jurisdiction of residence.

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Opinion

From the front line: How a routine Form 3520 filing can easily go (eye-wateringly expensively) wrong – and did

From the front line: How a routine Form 3520 filing can easily go (eye-wateringly expensively) wrong – and did

It is perhaps not surprising to hear that non-U.S. (or "foreign") trusts with U.S. owners can be tricky...

Jul-09-2019