ACA: 'TIGTA report on FATCA is further proof that Congressional hearings are needed now'

A major new U.S. Treasury Inspector General for Tax Administration (TIGTA) report released last week, detailing what it says are a number of shortcomings in the way the IRS has overseen compliance with FATCA since it was introduced in 2010, is the latest in a growing body of evidence of the need for Congressional hearings to be held into some of the taxation and citizenship issues America's expats are currently struggling with.

  • News

ACA: Statement for the record, in connection with Ways & Means Oversight Subcommittee hearing on the 2022 tax filing season

U.S. Internal Revenue Service Commissioner Charles Rettig may have focused on Homeland tax issues during a House Ways and Means Oversight Subcommittee hearing on "the 2022 Filing Season" last month, as reported. But interested stakeholders were invited to submit written comments for inclusion in the hearing record, and among those to do so – and in so doing, introducing the tax-filing issues currently facing millions of U.S. taxpayers who live overseas – was the American Citizens Abroad, the Washington, D.C.-based advocacy organization. 

ACA calls on Congress to 'investigate' expats' exclusion from Child Tax Credit improvements, while taxed for unobtainable healthcare

The American Citizens Abroad has called on Congressional leaders in both the House and Senate to "investigate" the fact that Americans with children who live outside of the U.S. are ineligible to benefit from certain improvements to the Child Tax Credit (CTC) that their Stateside counterparts have been receiving, since July, as a result of changes introduced by the Biden administration's "American Rescue Plan" legislation earlier this year.

  • News

Expat concern over ignoring of expat issues during sub-committee 'Tax Gap' hearing

Spokespeople for advocacy organizations that represent American expatriate interests – as well as many expatriates themselves – have been expressing concern over what they say appears to be a significant lack of awareness among key U.S. lawmakers of how expat taxpayers currently struggle with U.S. tax regulations, based on these lawmakers' comments and testimony during a Senate Finance subcommittee 'Tax Gap' hearing on Tuesday.

ACA in drive to fund update of residence-based taxation research, ahead of perceived need

The American Citizens Abroad Global Foundation – the sister educational and research organization to the Washington, D.C.-based American Citizens Abroad advocacy group – today is unveiling a campaign to raise US$75,000 to fund a research project that it plans to help provide the ACA and others with fresh data that the ACAGF says will help to support arguments in favor of moving the U.S. to a Residence-Based Taxation system.

  • News

First-ever '2021 Expats Virtual Financial Summit' set for Jan. 26 - 29

Over four days beginning on Tuesday the 26th of January, ten experts from around the world will be sharing their expertise on a range of financial topics of interest to American expats, as part of the first of what it is thought could become a series of "virtual financial summits" aimed at Americans who live outside of the U.S.

  • News
Subscribe to this RSS feed

Opinion

Alan S. Lederman: 'U.S. taxation and foreign expropriation without U.S. representation?'

Alan S. Lederman: 'U.S. taxation and foreign expropriation without U.S. representation?'

US citizens holding dual foreign nationality and living abroad may have individually owned assets that could be subject to foreign government expropriation, says Florida based attorney Alan S. Lederman, of...

Jun-29-2022