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.
European Union and U.S. officials did, in fact, discuss "issues relating to the Foreign Account Tax Compliance Act (FATCA)" at a meeting of the U.S. - EU Joint Financial Regulatory Forum, as EU official had been anticipating and planning for, ahead of the Feb. 7 - 8 meeting, an official joint statement of the meeting has revealed.
The Paris-based Association of Accidental Americans (Association des Américains Accidentels) is calling on its members and other accidental Americans – as well as other U.S. expats frustrated by the United States' citizenship-based tax regime – to join its campaign in support of efforts (by others) who are understood to be planning to launch a legal challenge against CBT, within the next few months.
The Democrats Abroad UK (DAUK) Tax Committee will host the 2023 edition of its annual "Expat Tax 101" seminar next Tuesday (Feb. 21), both in-person and online, to help U.S. expats resident in the UK as they begin to prepare to file their 2022 U.S. tax returns.
The number of Americans living in Mexico on a temporary or permanent basis leapt by 75% last year, compared to 2019 – the year before the Covid-19 pandemic hit – according to data from the country's Interior Ministry (SEGOB), and numerous press reports.
If you were thinking of planning a protest by expatriate Americans against the U.S. system of citizenship-based taxation, it's difficult to think of a better day to do it than the date when expatriate American expats are obliged to file their U.S. tax returns by – which is to say, June 15 (two months after U.S. taxpayers' taxes are due).
The European Union intends to "ask about the posibility [of] a more permanent solution" to the problems Europe's "accidental Americans" are continuing to struggle with as a result of the 2010 U.S. Foreign Account Tax Compliance Act this week, when the latest in a regular series of bilateral meetings between the EU and U.S. is set to take place, an EU official has said.
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
