U.S. passport revocation law comes to Expatland

 In 2015, Congress enacted a law that would revoke the passports of U.S. citizens who were “seriously delinquent” on their U.S. taxes. The enforcement threshold was set relatively high, however – at US$50,000 in outstanding tax, interest and penalties. (A provision was included to adjust annually for inflation going forward, so the amount now stands at US$51,000.) 

Boston's TwinFocus Capital unveils London outpost

TwinFocus Capital Partners LLC, a multi-family office based in Boston, Massachusetts that was launched in 2006 by twin brothers Paul and Wesley Karger, has opened a London outpost that it says is aimed at helping high-net-worth individuals and their families as well as professional investors with their financial services needs. 

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Opinion

OPINION: The SEAT approach to residence-based taxation: 'Begin with the end in mind'

OPINION: The SEAT approach to residence-based taxation: 'Begin with the end in mind'

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