No evidence FATCA infringes rights of Accidental Americans in EU
Thousands of Accidental Americans living in Europe are not having their right to a bank account compromised by the US Foreign Account Tax Compliance Act.
Too Much Tax Leads To Expats Returning US Passports
Red tape and the long arm of the US Internal Revenue Service are forcing one in five American expats to consider giving up their passports.
What Is The Common Reporting Standard For Expats?
The Common Reporting Standard is expected to swing into action in a few weeks – but how does this impact expats and the tax they
IRS Wants To Tax Millions Of Bitcoin Trades
American Bitcoin traders are in the sights of the Internal Revenue Service for failing to report their trading gains. The IRS considers tax on a
US Expats Must Not Shun FATCA Obligations
Behind the scenes campaigning and election pledges that are yet to come to fruition do not mean US expats can ignore FATCA. Lobbyists have joined
Why Are Americans Giving Up Their Passports?
Record numbers of taxpayers are giving up their US passports – but no one is sure why or even if they are Americans or why
Will Trump Keep Republican Pledge To Repeal FATCA?
American expats are waiting with bated breath to see if President-elect Donald Trump will repeal the disliked Foreign Account Tax Compliance Act (FATCA). FATCA was
Tax Money Wasted On Blunders
Tax authorities are spending millions on unnecessary technology and training while accused of cutting jobs and customer services to the bone. Just this week, the
Plea To Ditch FATCA Thrown Out By Judge
Israeli banks will have to file client data to the US Internal Revenue Service (IRS) under the Foreign Account Tax Compliance Act (FATCA) despite a