If you were thinking of planning a protest by expatriate Americans against the U.S. system of citizenship-based taxation, it's difficult to think of a better day to do it than the date when expatriate American expats are obliged to file their U.S. tax returns by – which is to say, June 15 (two months after U.S. taxpayers' taxes are due).
The European Union intends to "ask about the posibility [of] a more permanent solution" to the problems Europe's "accidental Americans" are continuing to struggle with as a result of the 2010 U.S. Foreign Account Tax Compliance Act this week, when the latest in a regular series of bilateral meetings between the EU and U.S. is set to take place, an EU official has said.
Some 3,815 Americans officially expatriated last year, according to the just-published fourth quarter list of names on the U.S. government's Federal Register website, combined with the lists of renunciants' names featured on the three previous 2022 quarterly lists.
USTAXFS, a London-based U.S. tax accountancy founded more than 35 years ago, has named Glenn Snow to the newly-created role of Tax Director of its Private Client Group.
Experts say refusal to hear case raises questions as to
whether civil penalties might ever be deemed
to violate Eighth Amendment...
Charles Rettig, whose four years as commissioner of the IRS quietly came to an end on Nov. 12, will join former National Taxpayer Advocate Nina Olson next Wednesday (Feb. 1) in a Zoom webinar discussion about "The Future of IRS Funding."
The event, which is the latest in Tax Analysts' regular series of "Taxing Issues" webinars, will take place between 2pm and 3pm Eastern Standard Time (7pm and 8pm GMT), and will also feature also feature Michael Desmond, a former IRS chief counsel and now a partner at Gibson, Dunn & Crutcher.
The U.S. must make some significant changes to the way it applies regulations set out under its 2010 Foreign Account Tax Compliance Act to those dual U.S./EU citizens known as "accidental Americans," according to a report just released by seven EU Petitions Committee members who conducted a five-day "fact-finding mission" in Washington, DC last July.
Hearing Americans who've been living abroad for 10 or more years, and sometimes for most of their adult lives, describe how they got there is always interesting, I find. Many...
Dec-15-2022
