updated 6:36 PM CET, Mar 18, 2023


What Americans selling their homes in the UK need to know about cap gains tax (which they must pay)

The fact that all American citizens resident in Britain must pay capital gains tax to the U.S. when they sell their "primary residence" in the U.K. is better known among American expats than it was some years back, when the current British prime minister and then-dual U.S./British citizen, Boris Johnson, was hit with such a tax after he and his wife sold their London townhouse in 2009. 

The AXFNJ podcast: 'The impact of the proposed Warren Wealth Tax (and how it would interact with FATCA) on Americans abroad'

On Wednesday (June 16), viewers of a "virtual" three-hour, full Senate Finance Committee hearing on the subject of President Biden's Fiscal Year 2022 budget were witness to a rare, 6 minute, 42-second exchange between Sen. Elizabeth Warren (D, Massachusetts) and Treasury Secretary Janet Yellen, about Elizabeth Warren's so-called "Ultra-Millionaire Tax."

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