Kevin Brady publishes draft of proposed TCJA corrections, seeks feedback

Outgoing House Ways and Means Committee chairman Kevin Brady yesterday appeared to respond to concerns that President Trump's Tax Cuts and Jobs Act – signed into law in late December 2017 – set the stage for a number of unintended and potentially damaging consequences, with the publication of a discussion draft document that invites public comment on a number of proposed "fixes."

  • Tax

George Holding TTFI bill ‘now set for 2019 vote’

Legislation that its proponents have said would significantly improve the lot of America’s 5.1 million to 9 million expatriates – which had been expected to appear before the end of the year, after failing to materialize in September – is now unlikely to be presented to the House of Representatives for a vote until next year, sources report.

  • News

Concern as Brady tax bill fix legislation lacks called-for fixes for US expats

Spokespeople for a number of organizations representing American expats have expressed concern that legislation unveiled earlier this week by House Ways and Means Committee chairman Kevin Brady fails to address certain aspects of President Trump's Tax Cuts and Jobs Act (TCJA) of last December that have been particularly harsh for many U.S. expats.

  • Tax
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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