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FATCA List – July 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) remained at 335,778 in June. The...

Accidental Americans Stress Over Double Taxation Dilemma

Thousands of accidental Americans living and working in Europe are frustrated with US tax policy that makes them pay up even if they left...

FATCA List – June 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) grew by 3,038 in May. The...

How Trump’s Trade War Hurts The World Economy

World stock markets are suffering from volatile trading mainly due to the trade war between the US and China. But what is a trade war...

FATCA List – May 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) grew by 6,651 in April. The...

FATCA List – April 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) increased by 4,440...

FATCA List – March 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) shrunk by 1.440...

FATCA Fight Will Carry On, Vow Repeal Campaigners

The fight to block the US Foreign Account Tax Compliance Act (FATCA) is unfinished despite defeat in the Supreme Court, vow opponents of the...

New Moves To Counter Crypto Market Meddling And Fraud

Rival American lawmakers have joined forces to bring some order to the volatile cryptocurrency market. Democrat Darren Soto and Republican Ted Budd, who both sit...

FATCA List – February 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) grew by 2030...

FATCA List – January 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) grew by 649...

Time For US Expats To Think About Year-End Tax

US expats in the UK should be sorting out their financial affairs as the tax year end approaches on December 31. This year is important...

Trump Ready To Cut US Expat Tax Ties

Thousands of Accidental Americans living around the world could be freed of the US tax burden that goes with their passport. President Donald Trump has...

FATCA List – November 2018

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) grew by 2,113...

IRS Snatches Passports From Taxpayers In Debt

It’s not a good time to be American expat and owe the Internal Revenue Service money as the tax man moves to snatch back...

FATCA List – October 2018

Another 1,734 foreign financial institutions signed up to the US Internal Revenue Service’s FATCA list during September. The number of FFIs worldwide on the list...

FATCA List – July 2018

The number of foreign financial institutions signing up for US Internal Revenue Service Foreign Account Compliance Tax Act approval has slowed. The list saw 7,071...

FATCA List – July 2018

Another 7,000 foreign financial institutions joined the US Internal Revenue Service in June. The latest list of accredited FFIs runs to 314,026 banks, trusts and...

Watchdog Raps IRS For FATCA Compliance Blunders

Government spending watchdogs have slammed the US Internal Revenue Service for compliance blunders while spending hundreds of millions of dollars on the Foreign Account...

FATCA List – June 2018

Another 3,766 foreign financial institutions have registered with the US Internal Revenue Service to report customer financial information under the Foreign Account Tax Compliance...