FATCA expert sees challenges for 'accidentals,' as Moscovici seen reflecting int'l consensus

Accidental Americans in Europe and elsewhere may not want to hear it, but a top personal tax expert – with the high-end, London-based Withers law firm – has said European politician Pierre Moscovici's recent response to the struggles such "accidentals" have been having with the difficulties they face as a result of the U.S. Foreign Account Tax Compliance Act is actually "in line" with the direction of international tax policy efforts.

Dems Abroad undertaking resi-based tax effort this month

The Democrats Abroad has unveiled plans to visit members of Congress for three days later this month, as part of its ongoing efforts to advocate for a switch to a residence-based tax regime from the U.S.’s current citizenship-based tax system.

Zurich Life, Zurich Int'l Life to pay US$5.1m to U.S. gov't in 'undeclared accounts' agreement

Zurich Life Insurance Company Ltd., headquartered in Zurich, Switzerland, and Isle of Man-based Zurich International Life Ltd. have agreed a deal with the U.S. Justice Department that will see the entities pay a collective penalty of US$5.1m, in return for the Justice Department's agreeing not to prosecute them in connection with certain "tax-related criminal offenses" having to do with some of their U.S. tax-paying clients.

Andersen Global hits '50-country' milestone as it adds Zambia outpost

Andersen Global, the international association founded almost six years ago by San Francisco-based Andersen Tax LLC, said it has hit a major milestone in its ongoing global expansion campaign, with the signing up of a law firm in Zambia as its newest official Andersen "collaborating firm."

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‘Tax Fairness for Americans Abroad’ discussion set for May 8 in Athens

Republicans Overseas vice chairman and chief executive Solomon Yue and Toronto-based lawyer and citizenship expert John Richardson will bring their ‘Tax Fairness for Americans Abroad’ roadshow to Athens next week, as part of ongoing efforts aimed at boosting awareness and support among American expats in Greece for proposed legislation bearing that name.

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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...