Potential major precedent seen, as Dutch court rules in favor of 'unintentionally American' pilot Ariës

In a ruling that has left many "accidental Americans" (as well as ordinary American expats) cheering, a Dutch court ruled yesterday (Dec. 29) that a Dutch citizen born in the U.S., but with no other connection to that country, is entitled to keep his accounts with his local bank, even if he doesn't provide it with a U.S. Tax Identification Number (TIN), as long as his total holdings in these accounts don't exceed US$50,000. 

  • News

Eleven months of respite promised for Dutch 'unintentional Americans', as campaigners continue to call for a permanent 'solution'

Banks in the Netherlands have said that they will not close the accounts of what are known in that country as "unintentional Americans" for the rest of this year, the country's Minister of Finance, Wopke Hoekstra, told fellow lawmakers on Tuesday – even if these individuals fail to provide these banks with such information as a valid U.S. Social Security Number or Tax Identification Number, as requested. 

  • News

Accidental Americans reel after Dutch court says bank may close account of retired KLM pilot

Spokespeople for organizations that represent so-called accidental Americans – long-time citizens of other countries whom the U.S. regards as U.S. expatriates and taxpayers, even though they themselves don't consider themselves to be U.S. citizens – were reeling on Thursday from the news that a court in the Netherlands has ruled that a Dutch bank may close the account of such an "accidental," who has refused to enter into the U.S. tax system.

  • News

More Dutch banks turning away 'unintentional Americans', latest NRC Handelsblad report reveals

Two of the Netherlands' largest banks, ABN AMRO and Rabobank, are also prepared to close the bank accounts of "unintentional Americans" if these individuals "do not cooperate with the U.S. requirements" that they provide tax information numbers, such as a Social Security number, or evidence that they have entered into the U.S. system for relinquishing their citizenships, according to a report published on Friday on the news website NRC.nl.

  • Tax
Subscribe to this RSS feed


Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

Ross McGill: ‘FATCA isn’t the problem: CBT is’ 

In the early years of this century, a number of major media exposés reported how Homeland Americans, as well as rich people from other developed and developing countries, were making...