Its latest visit to Capitol Hill to call on members of Congress revealed some areas of possible progress for issues of concern to U.S. expats, the Democrats Abroad’s Taxation Task Force has told its party members.
The U.S. Treasury Department on Wednesday finally published the names of the 687 people who officially "chose to expatriate" during the fourth quarter of 2018, amid questions from some expat lobbying groups as to why the figure was lower than they had been expecting.
American financial services executives currently living in London, who have been told they're being transferred to their company's outpost in Dublin in response to the UK's planned departure from the European Union, this week have received some unwelcome news: Ireland's capital city has just entered the top five most expensive locations in Europe in which to rent a property, according to new research.
In what has become a regular promise of British chancellors over the past decade, UK Chancellor Philip Hammond on Wednesday vowed that the British government intends to come after those who see to evade or avoid their tax obligations through the use of offshore and cross-border means.
UK officials have twice turned down a Freedom of Information request filed by a U.S. born British citizen who was interested in knowing the “extent of…the annual disclosure of British taxpayer information to the US Internal Revenue Service, as per FATCA’s requirements" – even though similar requests to the Canadian and Australian governments were recently granted, The American Expat Financial News Journal has learned.
Campaigners for fairer treatment for American citizens abroad are claiming a victory this morning, as news emerged that the U.S. Treasury had finally cut owners of small businesses located abroad some slack yesterday, by enabling such individuals to choose to be treated like a corporation for tax purposes, and thus reduce their tax burden.
American companies in China are forecasting a continued growth in their revenues, although they say financial performance has softened compared with previous years, a survey of such businesses released last week by the American Chamber of Commerce in China, in partnership with Deloitte, reveals.
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
