Home Tags US

Tag: US

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 Tracker

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 Tracker

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 Tracker

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 Tracker

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...

US Expats Get Dear John Letters From Their Banks

US banks are freezing accounts and investments for American expats to avoid the cost of money laundering and tax avoidance laws. Hundreds of expats have...
FATCA Tracker

FATCA List – May 2018

The number of foreign financial institutions signed up as observing the US Foreign Account Tax Compliance Act (FATCA) has increased by more than 2,700...
Repeal FATCA

Repeal FATCA Appeal Rejected By US Supreme Court

A legal challenge claiming a US tax law aimed at uncovering hidden offshore earnings and investments violated constitutional rights has been thrown out again...
donald trump

Trump’s Tax Reform Does Little For Expats

US President Donald Trump has made a lot of noise about his tax reforms - but what do they mean for American expats? The answer...
FATCA Tracker

FATCA List – January 2018

The first list of foreign financial institutions compliant with the US Foreign Account Tax Compliance Act (FATCA) has been published by the US Internal...

US Boom Creeps Towards Setting A Record

Financial experts are closely watching the US as the expanding economy is approaching new records. The US economy has not faltered since 2009 – a...
FATCA Tracker

FATCA List – November 2017

The US tax man has had a shake out of foreign financial institutions that have signed up to the Foreign Account Tax Compliance Act. In...
FATCA Tracker

FATCA List – October 2, 2017

More than half the foreign financial institutions on the IRS FATCA reporting list come from just six countries. Out of the 294,173 registered institutions, 157,176...
FATCA

Two-Thirds Of US Expats Resent IRS Tax Filing And FATCA

Huge numbers of the 9 million US expats living around the world are fed up with the IRS and resent tax filing from their...

FATCA Lobby Vows To Fight On After Another Legal Setback

Expats have vowed to carry on their fight to challenge the controversial Foreign Account Compliance Tax Act (FATCA) despite setbacks in the courts. The Republican...
FATCA Tracker

FATCA List – July 25, 2017

The latest list of foreign financial institutions reporting information about their American customers to the Internal Revenue Service is still increasing. The list published on...

Criminal Past Can Return To Haunt Travellers

Mobile international workers and expats with a shady past could find border police in their destination could refuse them entry – even if they...
FATCA Tracker

FATCA List – June 4, 2017

The list of foreign financial institutions passing data about their American customers to the internal revenue service is still growing. The latest list, which was...

Judges Throw Out Trump Travel Ban Again

US President Donald  Trump's tweeting has led to judges rejecting his call for a travel ban. Trump wants to stop travellers from six mainly Muslim...