updated 3:53 PM CEST, Oct 20, 2020

Opinion

Bright!Tax comment: The candidates' tax plans, and their likely implications for expats

Nov. 3, the date of the 2020 U.S. presidential election, is two weeks and one day away. Many expats will have voted by now, but for those who haven't – or those who did, but who aren't all that sure of their chosen candidate's views on such issues as taxes that affect Americans who live outside of the U.S. – Bright!Tax managing partner Katelynn Minott assesses the options, and what the implications for expats of the two outcomes are likely to be...

Charles Schwab Market Commentary: Global impact of a 'Blue Wave' election outcome

Campaign proposals do not always result in legislation – this is one of the facts of life of American elections. That said, the Democratic Party has targed five key areas for change: Taxes, labor, the environment, oil, and trade. 

The potential change in U.S. political leadership, therefore, could well introduce more risk to earnings and market performance of U.S. stocks, and lead to a relative outperformance by comparison of international markets. 

Here, Jeffrey Kleintop, Senior Vice President and Chief Global Strategist for Charles Schwab & Co., considers the possible impacts a "Blue Wave" in the U.S. election could have on the economy, and markets.

What visitors to the U.S. should know about the secretive Mr. FBAR

The introduction of the Foreign Bank Account Report (FBAR) requirement in 1970, as a result of the Bank Secrecy Act of that year, may well be one of the most enduring legacies of the Nixon administration, says John Richardson, a Toronto-based lawyer who helps Americans with citizenship issues. Here, he reveals a little-known aspect of what the fine print of the FBAR legislation actually says, with respect to non-Americans who travel to the U.S., and who happen to have bank accounts back home...

Tax Foundation: Joe Biden’s plan to address 'offshoring' comes with contradictions 

Last week, American voters – and business executives, onshore and abroad – finally got a look at Democratic presidential candidate Joe Biden's thoughts about how he planned to change the way the U.S. taxes cross-border commerce, if he wins the election in November.

Here, Daniel Bunn, vice president of Global Projects at the Washington, DC-based Tax Foundation think tank, reveals certain contradictions and discrepancies he sees in the Biden draft tax plan... 

American expats ask: 'Will my vote arrive in time to be counted?'

Editor's note: This article was updated on Sept. 22nd

With less than two months to go until the U.S. presidential election, American expats are more unsure than ever about whether their efforts to vote this year will pay off. Media reports of postal delays and other issues have caused many to wonder how, if at all, they can boost the chances their vote will arrive in time to be counted. 

Here, Laura Mosedale, co-chair of voter registration for Democrats Abroad UK and a Federal Voting Assistance Program-certified voting assistance official, provides an update on this fast-moving situation...

'After a 20-year relationship, I'm giving up on Mexico'

A retired dentist from Fort Worth, Texas, Kenneth Karger fell in love with Mexico two decades ago, as did his family. Here, in a first-person article addressed in part to Mexico herself, and republished with permission from the MexicoNewsDaily.com website, where it first appeared, Dr. Karger explains how he finally realized it was time to go.

As he explains, at a certain point, you realize you've had enough with invasions of your property by thugs, cartel impunity, untrustworthy banks and incompetence at the top – no matter how gorgeous the countryside, or amazing the people who live there are...

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