The US exit tax is the last thing you’ll pay for giving up your citizenship. The US exit tax is a tax on capital gains for US citizens who are…
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GILTI, or global intangible low-taxed income explained What is “GILTI”? GILTI, or “global intangible low-taxed income,” is a deemed amount of income derived from CFCs in which a U.S. person…
After a long period of uncertainty, it is now again possible to get a Social Security Number at the U.S. consulates in Germany. German banks requesting SSN (Social Security Number)…
Are you a Danish citizen with an American background, and did you recently receive a letter from your Danish bank about FATCA? You are advised not to ignore this letter….
Unawareness of your U.S. Citizenship Can Be Expensive. U.S. Citizens Overseas are often unaware that they have an American tax obligation. This lack of knowledge is costing many Americans overseas…
If you’re an Accidental American in France, you may be facing some serious US tax problems. There are an estimated 40,000 Accidental Americans in France – people who have never…
As an American expatriate, you’re required to file US taxes annually – even if you live and work in another country. This can be a confusing and costly process, as…
The Netherlands Bankers’ Association (NVB) announces that after September 1, Dutch banks will not close accounts of so-called coincidental Americans if the balances in the checking or savings account do…
CNBC reports that the US Congress will be handing the Internal Revenue Service (IRS) $79,6 billion through the Inflation Reduction Act — not only for tech modernization but also for…
The Residence Based Coalition send a letter to the members of the House of Representatives requesting a hearing on the taxation of Americans living abroad. Residence Based Coalition The Residence-Based…
