BREAKING: U.S. agrees to discuss FATCA-related issues with EU

In what some campaigners for fairer treatment of EU/American dual nationals, particularly 'accidental Americans,' today hailed as a significant development, U.S. Treasury officials are reported to have agreed to meet with their EU counterparts to discuss FATCA-related issues, including those that these dual nationals are struggling with. 

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Europe's 'accidentals' hoping for results, as EU Council plans follow-up meeting next week

Europe's accidental Americans say they're cautiously optimistic that a recently-announced follow-up to last week's ECOFIN discussion on FATCA may at last yield results – at least in the form of an agreement by top EU officials to prioritize the accidentals' concerns, as these officials prepare to meet in coming weeks and months with their counterparts in the new Biden administration. 

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No hoped-for breakthroughs seen to emerge from Tuesday's landmark ECOFIN discussion of FATCA

Last Tuesday's eagerly-anticipated (online) discussion of the controversial American tax law known as FATCA by the EU's Economic and Financial Affairs Council (ECOFIN) – which had been flagged up in advance by campaigners who argue that it causes a raft of problems for "accidental Americans" as well as ordinary American expats and dual U.S./EU citizens – failed to deliver any significant breakthroughs to the law's oponents, beyond ECOFIN's assurance that it stands ready to assist those member states that seek to challenge it. 

EU 'Accidentals' cheer, as FATCA on ECOFIN agenda next week

In what campaigners for a fairer treatment for Americans and "accidental Americans" affected by the extra-territorial U.S. tax law known as FATCA are hailing as a potentially major development, the EU's Economic and Financial Affairs Council (ECOFIN) is set to discuss the legislation – and its problems for Americans abroad – at a meeting next week. 

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2020 renunciation total breaks record, in spite of U.S. consulate, embassy closures

More Americans handed their citizenships back to Uncle Sam in 2020 than during any other single year to date, in spite of the fact that U.S. embassies and consulates around the world – which are needed to process such citizenship renunciations – were closed or offering reduced services for most of the year, data published today reveals.

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Time magazine is latest mainstream U.S. publication to run major story on plight of America's 'accidentals'

Time magazine, one of the longest-established and best-known weekly magazines in the U.S., has become the latest mainstream media outlet to run a major article about America's so-called "accidental Americans," and their struggles to maintain bank accounts in the countries in which they live and are citizens of, as a result of the controversial U.S. law known as FATCA. 

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Opinion

The AXFNJ YouTube interview: The Federal Register's 'Name and Shame List' at a time of record renunciations

The AXFNJ YouTube interview: The Federal Register's 'Name and Shame List' at a time of record renunciations

The latest U.S. Government posting of the Internal Revenue Service's "Quarterly Publication of Individuals Who Have Chosen to Expatriate" brought total U.S. citizenship renunciations in 2020 a record high of...

Feb-11-2021