In this article we will cover an important addition to the Tax Reform law enacted in late 2017 (2017 Tax Reform). The added tax is commonly referred to as Section 965 tax, transition tax, repatriation tax, or GILTI tax. It is aimed at taxing the income of U.S. Persons who are shareholders of foreign businesses that operate mostly or entirely outside...
Overseas Americans Week (OAW) brings together FAWCO and its coalition partners each year for a five-day “door-knock” campaign in Washington to bring our issues personally to the attention of lawmakers, agencies and their staffs. Our traditional partners include the Association of Americans Resident Overseas [www.aaro.org].
The first “Overseas Americans Week” was in May 2002, although FAWCO and its...
Is It Time for Medicare?
Dates often slip by for those who live outside the US. However, if you are approaching your 65th birthday, it’s the time to consider signing up for Medicare. Although Medicare does not typically cover medical costs incurred while living abroad, there are several things to consider: whether you plan to return to the US, whether...
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If you are a US citizen or resident alien living outside the United States, even though you may not owe any US tax, you generally are required to file US income tax returns, estate tax returns, and gift tax returns. If you have an interest in, or signature or other authority... |
A former member of AWC Bern and her two children, US citizens born in Bern, recently wished to move their voter registrations owing to repatriation of the citizen parent to Michigan. Unfortunately, they received both obstruction and incorrect information from their new local election official, who denied that the citizen children had the right to vote. Nevertheless, the parent persisted,
By Olga Kocybik (AIWC Düsseldorf)
If you are a US citizen or resident alien living outside the United States, even though you may not owe any US tax, you generally are required to file US income tax returns, estate tax returns, and gift tax returns. Some may also be required to file a state or local tax return.
Regardless of...