Charles Schwab unveils MiFID II-related changes to ETFs for investors in Europe

Charles Schwab Corp., the San Francisco-based financial services giant that has a significant client base of Americans resident outside of the U.S., has announced that after Sept. 19, Schwab clients who are resident in the EU will no longer be able to purchase U.S.-registered exchange-traded funds (ETFs) and exchange-traded notes (ETNs).

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Accidental Americans group to UK banks: how many U.S./dual citizen clients at risk of losing accounts in 2020?

A Paris-based organization representing so-called “accidental Americans” is calling on Britain’s banks to say how many of their U.S. citizen clients are believed not to have “Tax Information Numbers”, and therefore may be asked to give up their U.K. bank accounts as a grace period on the need for these banks to report these TINs to the U.S. ends at the end of this year.

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U.K. MP seeks to draw Boris Johnson into 'accidental American' debate

Preet Kaur Gill, a British Labour Party member of Parliament from the greater Birmingham area, has formally asked British Prime Minister Boris Johnson to detail his plans with respect to standing up for so-called "accidental Americans" living in Britain – as he was himself, until renouncing his citizenship in 2016 – on behalf of one of her U.S.-born-but-British constituents.

The ongoing mystery of the missing American expatriate numbers

In an age when detailed global data on populations of everything from sheep and cattle to vegetarians can be had with little more effort than it takes to type a word or two into a Google search box, the continuing lack of reliable information on the numbers of Americans resident outside of the U.S. is prompting calls for action…

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Taxpayer Advocacy Panel's expat rep to expats: 'Let's work together'

Last week, National Taxpayer Advocate Nina Olson retired from the role she held for 19 years. During this time, the IRS, of which the National Taxpayer Advocate's office is a part, adopted hundreds of her recommendations, and Congress introduced dozens of bills to implement others, 15 of which were signed into law, according to published accounts of Olson's legacy....

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Taxpayer Advocacy Panel's expat rep to expats: 'Let's work together'

Taxpayer Advocacy Panel's expat rep to expats: 'Let's work together'

Last week, National Taxpayer Advocate Nina Olson retired from the role she held for 19 years. During this time, the IRS, of which the National Taxpayer Advocate's office is a...

Aug-08-2019