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.

  • News

EU Council's Kreienbaum, to IRS Commissioner Rettig: We need to talk about FATCA

The head of the German Presidency of the EU has written a strongly-worded letter to the head of the U.S. Internal Revenue Service on the subject of the U.S. law known as FATCA, and what he calls "the continuing challenges EU residents with U.S. citizenship are encountering in connection with the application of the FATCA – Exchange of Information under  Intergovernmental Agreements (IGA) by the the EU Member States."

  • Tax

Republicans Overseas calls for executive order to help expats ahead of prez election

In what many American expats will hope could at last bring expat issues onto the agenda in the final weeks of the U.S. presidential campaign, the Republicans Overseas has asked White House chief of staff Mark Meadows to call on President Trump to use his authority, as president, to begin to make some of the changes these expats have long been calling for, but which Congress has failed to address.

  • News

EU Court of Justice 'Schrems II' ruling seen as potential game-changer for FATCA challenges in Europe

Lawyers and campaigners against the American tax evasion law known as FATCA say that last week's European Court of Justice (CJEU) ruling, which struck down the main mechanism used by the EU to protect the personal data of EU citizens when it's transferred to the U.S., represents a potential "game changer" – and could force Europe's courts to revisit the way FATCA compels Europe's banks and financial institutions to pass information on their U.S. citizen and Green Card-holding account-holders to the U.S. 

  • News
Subscribe to this RSS feed

Opinion

You really know you're an American expat when...

You really know you're an American expat when...

Like folks everywhere, Americans are often surprised to discover how different things can be when they live abroad. Sometimes the differences are small; sometimes they're hilarious. In recent years, as...

Nov-25-2021