The list below is a collection of articles that refer to, mention or discuss USA.
Tax is getting a little complicated for expat American business owners. An unintended result of President Donald Trump’s Tax Cuts and Jobs Act is a transition tax aimed at the profits of multinational companies. This transition tax demands expats running small businesses abroad should pay a 15.5% tax on foreign earnings held in cash and … Read more
President Donald Trump has told the world that the American dream is alive and thriving after his first year in The White House. But any detail was hard to sift from the unsupported claims in his annual State of the Union speech. The best Trump could manage was that the economy was booming and $1.5 … Read more
The world is changing for the generation in their mid-30s who have never experienced an interest rate rise – until now. A whole generation has enjoyed record low interest rates for their economically active lifetime. But rates have started to rise in America and the UK, and now other countries are starting to follow the … Read more
Oil prices have hit a two-year high on the expectation that a self-enforced OPEC production curb will continue into 2018. The price per barrel passed the $62 mark for the first time since July 2015 – more than $12 up on the price for the first half of 2017. Rumours coming out of OPEC – … Read more
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 large share of up to $150 billion of Bitcoin trades should go to the US Treasury and is taking steps to secure the cash. The IRS is waiting for a … Read more
Financial experts are starting to pick up on the idea that expats are not well-served by their providers once they stop contributing into their pensions. A debate is firing up around the rights of deferred members – those who no longer pay into a pension but have a fund. Research has shown that only 30% … Read more
Donald Trump says America is the most taxed nation on earth, but it’s just not true – plenty of other countries are vying for the title. Take his plan to scrap inheritance tax as part of his self-proclaimed crusade to reform taxes. To a family in Britain, France or Spain, that sounds a marvellous idea. … Read more
As the latest statistics published by HMRC suggest, overseas pension transfers are on the decline. The rule change in March 2017, in which a 25% exit tax was introduced on any UK pension transferred into a jurisdiction other than that where the investor resides, has negated many of the financial benefits offered the world’s Qualifying … Read more
Governments and public opinion can be worlds apart in the way the view the same topics. Donald Trump’s USA and ultra-conservative Saudi Arabia are good examples. Sometimes it seems the rest of the world has united against The States as Trump tries to stop what he considers undesirables from entering the country. The outcry over … Read more
Exchange-traded funds (ETFs) have become a favoured route for modern investors to find diversification and flexibility in funds, as advantages such as low expense ratios, and no minimum deposit limits can be utilised. There is also a benefit from a taxation perspective, as capital gains tax is exempt from shareholder sales within EFTs, as oppose … Read more