IRS tax hit for British Americans reports The Telegraph British national newspaper The Telegraph reports that: “200.000 American citizens living in Britain are continuing to fall foul of punitive taxes…
Tens of thousands of Dutch people with a US passport could suffer as a result of Fatca (Foreign account tax compliance act). This law is designed to track down American black money savers abroad and to make them pay tax.
America is the only first world country in the world, that enforces a tax duty on American citizens, wherever they live or work (with or without passport, green card holders, and others)….
Thousands of Dutch people with American roots or a green card are being hit with additional taxes by the American Revenue Service, the IRS.