Earth Day 2022: Citi unveils recycled plastic for its corporate cards
Citi, the New York-based, globally-focused banking group, has announced that it is introducing recycled PVC (a type of plastic) into its corporate credit cards.
American Expat Finance
updated 2:57 PM CEST, Sep 21, 2023
Questions being asked of EU officials about continued silence over FATCA's GDPR compatibility concerns
Campaigners over the way the U.S. tax evasion-prevention law known as FATCA is being enforced throughout Europe have begun writing to EU officials – and making this correspondence public – to ask why it's taking so long for the EU to respond to questions formally raised more than a year ago over FATCA's compatibility with EU data protection regulations.
ACA: 'TIGTA report on FATCA is further proof that Congressional hearings are needed now'
A major new U.S. Treasury Inspector General for Tax Administration (TIGTA) report released last week, detailing what it says are a number of shortcomings in the way the IRS has overseen compliance with FATCA since it was introduced in 2010, is the latest in a growing body of evidence of the need for Congressional hearings to be held into some of the taxation and citizenship issues America's expats are currently struggling with.
Your chance to say what you think about the U.S. expat tax regime – but time running out, as Dems Abroad survey deadline nears
The deadline is approaching for U.S. citizens living abroad to participate in a major Democrats Abroad survey, aimed at revealing exactly what such expats think about the way the U.S. taxes them.
U.S. responds to Monte Silver's Transition Tax challenge
The U.S. government has cited a number of issues, including various federal regulations having to do with such things as "standing" and "unlawful disclosure of a tax return", in its official response to Israel-based U.S. tax attorney Monte Silver's latest legal challenge to President Trump's Transition Tax regulations, according to a posting on the Silver & Co. website.
SEC charges 16 in US$194 million, int'l ‘pump and dump’ penny stock schemes
The U.S. Securities and Exchange Commission has unveiled charges against 16 defendants – located in the Bahamas, the British Virgin Islands, Bulgaria, Canada, the Cayman Islands, Monaco, Spain, Turkey, and the United Kingdom – whom it says had been party to "multi-year fraudulent penny stock schemes that generated more than US$194 million in illicit proceeds."
Dems Abroad TTF in move to open door to discussions on FATCA's future
In what's being seen as a potentially significant development, the Steering Committee of the Democrats Abroad's Taxation Task Force has announced that it has "voted in support of submitting a resolution to 'update' the Democrats Abroad FATCA policy from 'reform' to 'repeal'."
