Steptoe & Johnson, the Washington, DC-based international law firm that dates back to the early years of the previous century, said it is "further" expanding its international arbitration and commercial litigation practices, with the hiring of two new partners, both of whom come to Steptoe from Diamond McCarthy, where they had also been partners.
The Institute of Tax Law at Queen Mary University's Centre for Commercial Law Studies in London will host a panel discussion, via Zoom, on June 29, on the topic of "the Taxation of Expatriate and Cross-Border Individuals," featuring a number of experts on the subject, including QMUL's own Senior Lecturer (Associate Professor) in International Tax Law, Bernard Schneider.
A major analysis of IRS documents by ProPublica – a New York-based, non-profit investigative journalism organization – has shown how some of America's wealthiest and best-known citizens managed to avoid paying almost any federal income taxes between 2014 and 2018.
"Dozens" of Americans living in Micronesia "are suing the Bank of Guam for seizing stimulus checks they deposited" in the bank, according to a report published over the weekend, which said the bank took the action "to help the IRS recover tax payments issued in error."
While many Americans back home are voluntarily opting out of being vaccinated against the Covid-19 coronavirus, American expats around the world are furiously struggling to obtain the vaccine for themselves and their families. And as they're doing so, many are grumbling about the fact that being U.S. taxpayers, they should have as much right to free and available vaccines as their Homeland counterparts.
While some expatriate Americans have been receiving and depositing or cashing their U.S. Economic Impact Payments without a problem, others continue to struggle. Fewer non-U.S. banks are willing to handle checks, while the IRS is still not sending money to expats’ overseas bank accounts...
Skybound Wealth Management – a global wealth advisory business that was formed last year after multi-jurisdictional Skybound Capital Group acquired a British expat-focused company known as GWM (formerly Guardian Wealth Management) – says it’s preparing to open its doors to American expats.
Convincing Congress and the Biden Administration of the need for the U.S. to move to a "residence-based" system of taxation is the No. 1 focus of American expatriate advocacy groups...
Jul-22-2021
