IRS Passport Bill Signed into Law
A controversial bill has been signed into law, meaning that the IRS have the power to revoke the passports of anyone more than 50,000 in debt to them. The new law means that the State […]
A controversial bill has been signed into law, meaning that the IRS have the power to revoke the passports of anyone more than 50,000 in debt to them. The new law means that the State […]
We previously reported on the US FATCA tax law and the effects it has on American’s lives U.S. Expats Frustrated with Taxes, Giving Up Citizenship. The unpleasant effects of the US Foreign Account Tax Compliance […]
The U.S. Treasury recently released its final regulations regarding the Foreign Account Tax Compliance Act (FATCA). FATCA requires international financial institutions to report on information regarding the holdings and accounts of U.S. taxpayers living abroad. […]
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