A French Assembly report is calling on the French government to engage in further negotiations over FATCA, and if necessary abandon it altogether, if it is unable to resolve the "extra-territorial tax" problems currently being faced by thousands of French citizens who also happen to be Americans.
In a House Ways & Means Committee hearing in Washington on Thursday, Republican Representative George Holding called on the IRS to find out exactly how many Americans are currently “living outside of the country, as well as how many are not filing or under-filing” their taxes each year.
American income taxed by the U.S. is increasingly being hit by a second round of income tax, when the American individuals who paid the initial round of tax on it are bringing it with them into Greece, it was revealed on Wednesday evening, during an American expat tax event in Athens.
Greenback Expat Tax Services, a tax advice business with offices in the U.S. and abroad, is inviting American expatriates around the world to share their views on the U.S. tax system, tax reform, citizenship-based taxation, Foreign Bank Account Reports, citizenship renunciation and related topics.
Two citizenship experts will debate the merits of citizenship-based tax regimes this Friday, in what is being billed as a “YouTube Live Stream event,” sponsored by a U.S.-based tax industry news website.
Tax industry professionals readily admit that they can’t recall when the U.S. tax obligations of an unborn baby American ever received anything like the coverage that has been devoted in recent weeks to the as-yet-un-named baby boy who was born a few hours ago to Britain’s Prince Harry and his American wife, Meghan.
American expats who have been calling on governments across Europe – and on the EU itself – to rally on their behalf against what they say is the unfair burden of being expected to comply with the U.S.’s Foreign Account Tax Compliance Act have been reacting with disappointment today to a letter from a key EU politician that they say shows their struggles still aren’t being acknowledged.
Last week, it was revealed that British Labour MP Preet Kaur Gill had received her second formulaic and non-committal response in two months to specific questions she had asked the...
Feb-19-2019
