If you aren’t completely tax savvy, you can’t commit tax evasion, right? Not so fast. Sure, tax law is complex, and U.S. tax law is the most comprehensive, exception ridden, obtuse, and convoluted tax
Individual Americans worldwide may be constrained by FATCA to report all their offshore money and pay U.S. tax on all their worldwide income. But U.S. companies where the real money is have a better deal.
As most expats are painfully aware, the tax-filing process is not only more complicated than for their compatriots back home, but the risks and potential penalties are higher even for simple mistakes.
Jonathan Lachowitz of White Lighthouse Investment Management weighs in on last week’s report on tax reform from the Republican staff of the U.S. Senate Committee on Finance, which has caused a flutter
(Reuters) - Imagine being excluded from the financial services industry because of your passport. That happened to Carrie Walczak, an American living in Germany, in May. She received a letter from Deutsche