U.S. secures first FATCA conviction as extradited banker pleads guilty

United States prosecutors registered their first-ever successful prosecution under the Foreign Account Tax Compliance Act, after the former chief executive  and chief business officer of a St Vincent and the Grenadines-based bank pleaded guilty to "conspiring to defraud the United States by failing to comply" with the legislation. 

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George Holding’s bill: What we know so far

Over the last few months, details have begun to emerge about soon-to-be-introduced legislation aimed at making the U.S. tax regime less unforgiving for the 9 million Americans estimated to live overseas, growing numbers of whom say they feel they now have no choice but to renounce their U.S. citizenships.

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Opinion

AXFNJ Podcast: Retired Dutch pilot Ariës discusses his recent court victory with John Richardson

AXFNJ Podcast: Retired Dutch pilot Ariës discusses his recent court victory with John Richardson

Over the last few years, thousands of so-called "accidental Americans" have grudgingly accepted the unexpected news that the U.S. considers them to be U.S. citizens, even though they had lived...

Jan-05-2022