A little over one month into the new year, a global challenge to the United States' citizenship-based tax regime is emerging on several fronts, as awareness continues to grow of the tax regime's major role in the many problems U.S. expats and so-called accidental Americans continue to struggle with.
Following on from a written commitment made back in February by France's economy minister, Bruno Le Maire to the head of a France-based "accidental American" advocacy group – in which Le Maire stated that issues relating to the American law known as FATCA would be a priority during France's six-month Council of the European Union presidency, which began in January – a debate on the subject is now scheduled to take place in the Dutch House of Representatives (known as the Tweede Kamer) next week.
A major – and eagerly awaited by many – economic analysis of how the U.S. might most easily and efficiently move to a residence-based tax regime, crowd-funded and organized by the American Citizens Abroad, has found that such a move could be done "without the U.S. Treasury losing revenue".
In a gesture no doubt aimed at least in part at the estimated 7 million to 9 million Americans who live outside of the U.S., today's BBC World Service's Weekend show set aside a 15-minute segment to examine some of the tax and citizenship issues these expats are currently struggling with.
While there is apparently some disagreement as to whether Albert Einstein ever actually said that the "definition of insanity is doing the same thing over and over again, but expecting different results," few would challenge the argument for changing one's approach when, after numerous attempts to do something, one is clearly making no progress whatsoever.
Among the latest advocates of this strategy are Toronto-based U.S. citizenship lawyer John Richardson, Paris-based attorney and U.S. taxpayer rights campaigner Laura Snyder, and Australia-based university lecturer and FixtheTaxTreaty.org founder Karen Alpert...
As American expats and Green Card holders around the world prepare to take advantage of their ability, under the recently-signed CARES Act, to access their share of the US$2trn federal coronavirus stimulus package, some Americans resident abroad have been expressing unease with the fact that expats have been included in the handout.
A Switzerland-based American expatriate and campaigner for fairer treatment of Americans overseas is urging his fellow countrymen around the world sign his petition urging Donald Trump to spare them all from the burden of citizenship-based taxation.
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