UK MP vows to continue speaking out on behalf of ‘accidental Americans’ living in Britain

Preet Kaur Gill, a British Labour Party member of Parliament from the greater Birmingham area,  has said she plans to continue asking questions of the UK government on behalf of U.S.-born British citizens – like at least one of her constituents, who are facing unprecedented “negative financial implications” as a result of the way such individuals are pursued for tax by the U.S. authorities.

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Comment: Cayman, the EU, and the challenges of attempting to appease a 'multi-headed hydra'

Of the 21 jurisdictions included on a "blacklist" of financial centers that the Dutch government said last week it considers to be low-tax potential tax havens, few have reacted with as much fury and indignance as the Cayman Islands – at least to judge by the comments that have been posted over the last few days on its news media outlets and social media.

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."

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Opinion

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...

Mar-18-2023