Karen Alpert: Unforeseen consequences expected as 'Recovery Rebate' is distributed to expats

There has already been much speculation by media organizations, American expat groups and cross-border U.S. tax specialists about how the US$2trn federal stimulus package known as the CARES Act, signed into law last Friday by President Trump, will actually impact American citizens and Green Card-holders living outside of the United States.

Here, Karen Alpert, an Australia-based academic and tax expert who oversees a blog entitled FixtheTaxTreaty.org, considers some of the unforeseen consequences that seem likely to emerge from the U.S.'s well-intentioned plan to distribute a "Recovery Rebate" to such non-US-resident Americans... 

George Holding’s bill: What we know so far

Over the last few months, details have begun to emerge about soon-to-be-introduced legislation aimed at making the U.S. tax regime less unforgiving for the 9 million Americans estimated to live overseas, growing numbers of whom say they feel they now have no choice but to renounce their U.S. citizenships.

  • Tax

Expert panel sees imminent end to expat-hated U.S. tax regime

A panel of tax and business experts who have been lobbying for years to end the U.S.’s citizenship-based tax regime has said they believe planned legislation – specifically aimed at addressing some of the worst of the problems such expats have been struggling with – actually stands a chance of being passed.

  • Tax
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Opinion

Uncle Sam wants YOU… to vote!

Uncle Sam wants YOU… to vote!

Many overseas Americans – even more, in percentage terms, than their homeland counterparts – don’t vote.  A common attitude among such expats is expressed by one thirtysomething New Yorker, who was...

Jun-06-2020