Andersen Global plants its first 'Andersen' flag in British soil

Andersen Global, the San Francisco-based organization of tax and legal services firms founded by Andersen Tax LLC, said Tuesday that it has at last planted a flag bearing the Andersen Tax name in British soil, as a tax partnership in London has adopted the Andersen name, and formally joined the global Andersen entity.

UK turns down U.S.-born Brit's FATCA FOI request, after Canada, Oz obliged their citizens

UK officials have twice turned down a Freedom of Information request filed by a U.S. born British citizen who was interested in knowing the “extent of…the annual disclosure of British taxpayer information to the US Internal Revenue Service, as per FATCA’s requirements" – even though similar requests to the Canadian and Australian governments were recently granted, The American Expat Financial News Journal has learned.

  • Tax

Return to UK for first-ever finance exec convicted under FATCA

Adrian Paul Baron, a United Kingdom national who was the first person anywhere to be convicted of violating the Foreign Account Tax Compliance Act (FATCA) in the U.S., has been flown back to the UK, the U.S. Immigration and Customs Enforcement agency has announced.

  • News

UK MP vows to continue speaking out on behalf of ‘accidental Americans’ living in Britain

Preet Kaur Gill, a British Labour Party member of Parliament from the greater Birmingham area,  has said she plans to continue asking questions of the UK government on behalf of U.S.-born British citizens – like at least one of her constituents, who are facing unprecedented “negative financial implications” as a result of the way such individuals are pursued for tax by the U.S. authorities.

  • News

UK official responds to MP written question on 'accidental Americans'

A U.K. government official responded to a written question on the matter of so-called 'accidental Americans' posed by a British Member of Parliament by noting that they weren't "created" by FATCA, but rather, that the 2010 legislation "created a mechanism for the financial accounts of overseas U.S. citizens to be reported to the U.S."

  • News

What to expect from Budget Day in the U.K.

Although Brexit continues to dominate the media coverage of U.K. political matters, long-time watchers of the political scene know that before the month is out, the U.K. chancellor, Philip Hammond, will present his budget for the next financial year.

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Opinion

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

In the early years of this century, a number of major media exposés reported how Homeland Americans, as well as rich people from other developed and developing countries, were making...

Mar-18-2023