Fatca

Tax
May 18, 2014
Overseas pensions bring light to the dark of FATCA for American expats premium
The results of a recent poll of deVere Group’s American expat clients have shown that over 75 per cent of thosewho have an overseas pension contract are “satisfied”they will no longer relinquish their U.S. citizenship to mitigate the adverse effects of Foreign Account TaxCompliance Act (FATCA).   The results of a recent poll of deVere Group’s American expat clients have shown that over 75 per cent of thosewho have an overseas pension contract Read More
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Tax
February 17, 2013
FATCA just makes life difficult for US expats premium
FATCA just hasn't been thought through properly by the US Government. FATCA just hasn't been thought through properly by the US Government. Read More
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Tax
November 22, 2012
Fatca Changes Cautiously Welcomed premium
The US Treasury Department’s latest revisions to its highly controversial Foreign Account Tax Compliance Act (FATCA) are to be cautiously welcomed I think . From 1st January 2013, FATCA requires all overseas banks, and other foreign financial institutions (FFIs), to report the financial affairs of their American clients directly to the US government - or face a 30 per cent withholding tax on all US transactions. As the process of becoming ‘FATCA-compliant’ is extremely Read More
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Tax
November 16, 2012
US Treasury should be called to account on ‘economy-damaging’ FATCA premium
The U.S government owes it to Americans to explain why it remains committed to implementing the highly controversial and potentially damaging Foreign Account Tax Compliance Act (FATCA) . The U.S government owes it to Americans to explain why it remains committed to implementing the highly controversial and potentially damaging Foreign Account Tax Compliance Act (FATCA) . Read More
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