Only 16 out of 38 tracked Portugal Golden Visa funds currently confirm they accept U.S. investors, according to Movingto's U.S.-focused directory. That single data point reshapes how Americans should ...
On July 1, the Foreign Account Tax Compliance Act (FATCA) will fully take effect. FATCA is supposed to reduce tax evasion by making it harder for tax cheats to abuse tax havens. In practice, however, ...
Budget amendment SA 621, to repeal FATCA, the Foreign Account Tax Compliance Act, failed to reach the Senate floor. Efforts to repeal America's massive global disclosure law may not be dead, but they ...
IMGCAP(1)]Awareness of the implications of the Foreign Account Tax Compliance Act, also known as FATCA, is growing. Processing Content Passed by Congress in 2010 as part of the Hiring Incentives to ...
Since 2008, the U.S. government has been aggressively moving against U.S. taxpayers who have undeclared foreign accounts. Through a variety of mechanisms, the government has obtained information about ...
Yesterday I wrote about a December-January survey of Americans living abroad showing that 31 percent of them have been actively thinking about renouncing their citizenship in the wake of the awful ...
In past columns, I tracked the progress of the Foreign Account Tax Compliance Act (Fatca) regulation from when US regulators first set out on their effort to collect withholding tax from foreign ...
The Treasury Department said Friday that due to overwhelming interest from countries around the world, it will extend by six months the start of the withholding and account due diligence requirements ...
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