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UK And US Move Into Top 5 Countries Facing Worst Tax...

Bosses fear political and economic uncertainty are increasing the risk of  governments  in several developed countries seeking to impose higher taxes. President Donald Trump taking...
FATCA Tracker

FATCA List – June 4, 2017

Despite campaigners lobbying to repeal the Foreign Account Tax Compliance Act (FATCA) introduced by former US President Barack Obama, the list of foreign financial...

Call To Make Unfair FATCA A Two-Way Street From EU

FATCA is unfair to Europe because the US government is not playing fair with tax information by failing to swap data. Members of the European...
FATCA Tracker

FATCA List – May 2017

The list of financial organisations signing up to show compliance with the US Foreign Account Tax Compliance Act is still growing. FATCA demands financial institutions...
FATCA

US Expats FACE FATCA Tax Filing Dilemma

American expats fear a crackdown by the US Internal Revenue Service (IRS) if they fail to declare their offshore cash and investments under the...

Accidental Americans Caught In FATCA Net

More unforeseen consequences of the controversial US Foreign Account Tax Compliance Act (FATCA) have emerged affecting hundreds of thousands of taxpayers worldwide. A major concern...

Offshore Banking Secrecy Disappears As Tax Network Opens

Private banking is truly becoming a thing of the past with the introduction of the common reporting standard (CRS). Like the US FATCA, the new...

US Rate Rise Coming – But Markets Have To Guess When

The US Federal Reserve seems just as in the dark as the rest of the world outside over President Donald Trump’s economic policies. Fed chair...
FATCA

Campaigners Turn The Screws On FATCA

Congress may finally pull the plug on the controversial Foreign Account Tax Compliance Act (FATCA) tax law. Anti-FATCA campaigners Rep Mark Meadows and Sen Rand...

Britain And US Ban Tech Gadgets On Flights

A new electronic gadget ban is likely to inconvenience thousands of expats flying from Africa and the Middle East to Britain and the USA. In...

House Prices Rising In The US As Landlords Buy To Invest

US house prices have gained ground for a landmark fifth year in a row. The market carried last year’s momentum forward in January as prices...
Repeal FATCA

Behind The Scenes Of The Repeal FATCA Campaign

Repeal FATCA campaigners have lifted the lid on some of the behind-the-scenes work going on for US expats in Washington. The Repeal FATCA campaign is...

IRS Ready To Pull Passports For US Expats With Tax Debts

Alongside the face-off in the courts over Donald Trump’s executive order banning travel from some Muslim countries is a threat to snatch back passports...
FATCA

IRS Nets $10 Billion FATCA Tax Haul

The US Internal Revenue Service (IRS) has netted more than $10 billion in secret offshore cash and investments. The controversial Foreign Account Tax Compliance Act...

Fed Puts US Interest Rates On Hold Again

The US Federal Reserve has voted to peg official interest rates again despite clamour on the markets expecting a hike. The US official interest rate...
FATCA

Judge Blocks Israeli FATCA Data Transfer As ‘Unfair’

FATCA does not work and its time more regulators and officials followed the lead of an Israeli judge who has ordered that work drafting...
FATCA

FATCA Lobby Urges Rethink To Ease Banking Problems

American expats are hoping that final Foreign Account Tax Compliance Act (FATCA) regulations will ease their problems with finding a bank overseas. The US Treasury...

FX Money Moves – Currency Makeovers

Keeping a weather eye on foreign currency exchange rates is fast becoming a part of day-to-day living for expats. The International Monetary Fund adding the...

FATCA Helps IRS Net £5 Billion In Lost Tax

The US Foreign Account Tax Compliance Act (FATCA) has helped grab £5.17 billion in lost tax held in secret offshore bank accounts. The Internal Revenue...

US Opens Floodgates For Equity Crowdfunding

Equity crowdfunding is about to lift off in the US as regulators have removed the final hurdles that stopped investors buying a stake in...