FATCA List – January 2021
As US President Donald Trump packs his possessions and readies to leave the White House, among many of his broken promises was a pledge to
FATCA List August 2020
The number of offshore banks and financial institutions reporting to the US Internal Revenue Service under the Foreign Account Tax Compliance Act is still growing
Universal Access Plan Review
The Universal Access Plan offers American taxpayers a chance to save tax while putting money away for retirement. The aim is to solve the problem
FATCA List – July 2020
The list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 2,463 to 361,535 in June, according to the
Common Reporting Standard, CRS, Explained
The Common Reporting Standard or CRS is an international network of tax authorities which share personal and financial data about foreign nationals living in their
FATCA List – June 2020
The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 1,854 to 359,072 in
FATCA List – May 2020
The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 4,070 to 357,218
American Expats Ignore FATCA Filing Rules
FATCA is failing to deliver as millions of Americans abroad ignore the law aimed at stopping tax avoidance, claim US expat accountants. The Foreign Account
US Expat Tax Filing Countdown Ticking Down To Deadline
The tax filing season is counting down to the deadline of June 15 for US expats around the world. Although that seems a way off,
No FATCA Relief For Accidental Americans
Tax filing is on the way for Accidental Americans but those who hoped for some FATCA relief face disappointment. The US Internal Revenue Service has
FATCA List – February 2020
The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 1,983 to 351,867
FATCA List – January 2020
The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 415 to 349,844
FATCA List – November 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 1,500 to 347,162 in
IRS Set To Cancel Passports For US Expats With Tax Debts
Thousands of US expats with large tax debts may be stranded overseas when they lose their passports from this month, warns the Internal Revenue Service.
IRS Changes Tax Rules For Accidental Americans
Accidental Americans trading in their US passports have been offered a lenient tax deal. The Internal Revenue Service (IRS) has agreed to wipe the tax
Taxpayer Launches UK FATCA Legal Challenge
Britain is the latest country to become embroiled in a data protection legal challenge aimed at thwarting US tax laws that raise money from ‘accidental
FATCA List – September 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) increased to 343,676 in July –
Accidental Americans in UK risk frozen bank accounts
Thousands of Brits who were born in America but left as children risk having their UK bank accounts frozen as the US authorities wage a
France Fumes Over FATCA Demands From The IRS
The French and US tax authorities are in a war of words over collecting financial information about 40,000 accidental Americans living in the country. The
FATCA List – August 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) increased to 341,729 in July –