FBAR Timeline: 'How we got here'

Back in the 1960s, before Richard Nixon became U.S. president (in 1969), few "ordinary" Americans who lived abroad gave much, if any, thought to filing U.S. tax returns, let alone Foreign Bank Account Reports. Nor did the U.S. government seem much interested in finding out whether such expats might have overseas bank accounts, unless these expats were known to be wealthy.

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Private equity company to take it private, Focus Financial announces

Focus Financial Partners, the NASDAQ-listed, New York-based partnership of independent, fiduciary wealth management firms that had been growing rapidly in recent years, especially in the wake of its 2018 initial public offering, today announced that it would accept a bid by a major U.S. private equity firm to take it private.

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'Silicon Valley whizzkids seek piece of old London town': Times

European buyers are "disappearing" from the London property scene, while Russian oligarchs are no longer as welcome as they were before their country invaded Ukraine a year ago. But such buyers are increasingly being replaced by "U.S. technology billionaires" who are "bolstered by the strong dollar and eager to buy a European base," according to  a report in London's Times newspaper and news website today.

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Assn of Americans Resident Overseas unveils ‘new student membership’

Emily Cooper, the aspiring marketing executive played by Lily Collins in the popular Emily in Paris Netflix series, would probably be too old to qualify for it, but other young Americans living in the French capital are being offered a new student membership rate of just €10 a year (US$10.55, £8.82) by the Paris-based Association of Americans Resident Overseas.

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Opinion

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

In the early years of this century, a number of major media exposés reported how Homeland Americans, as well as rich people from other developed and developing countries, were making...

Mar-18-2023