American Citizens Abroad holds 'Town Hall meeting' for London expats

Key lawmakers on Capitol Hill really are aware of the issues being faced by expatriate Americans, and the dysfunctionality in particular of the United States' citizenship-based tax regime, delegates to the American Citizens Abroad's latest "Town Hall" in London were told the other evening. 

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NY private equity firm acquires global trust biz Zedra

Corsair Capital LLC, a New York-based U.S. private equity firm, is to acquire a majority stake in Zedra, a multi-jurisdictional corporate, trust and fund services provider that was created in 2016 by the combining of Barclays' UK and non-UK trust businesses with an existing entity.

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More than 1,000 Americans 'expatriated' in Q3: latest data

For the fourth year in a row, more than 1,000 people formally gave up their American citizenship in the three months to the end of September, as a result, observers said, of the continued frustration over the way Americans living overseas are taxed.

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Expat tax experts Richardson, La Torre Jeker go looking for ‘Mr FBAR’

Looking for Mr Goodbar was a 1975 book, made into a film two years later, about a New York City schoolteacher who ended up being murdered by a young man she’d just met. 

“Mr FBAR,” on the other hand – and of rather more relevance here – is an Expatland nickname for a document that U.S. expats around the world have been required to file annually with the IRS since 1970, if their total offshore bank and financial account holdings total US$10,000 or more at any time during the tax year.

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Opinion

AXFNJ Podcast: Dubai private asset manager for U.S. expats Vince Truong explains why everyone needs ‘a financial roadmap in place’

AXFNJ Podcast: Dubai private asset manager for U.S. expats Vince Truong explains why everyone needs ‘a financial roadmap in place’

Hearing Americans who've been living abroad for 10 or more years, and sometimes for most of their adult lives, describe how they got there is always interesting, I find. Many...

Dec-15-2022