Foreign Account Tax Compliance Act – The European Union Times ⚡ Shocking Hidden News Reports ⚡ https://www.eutimes.net We deliver exclusive hidden news that you won't just find anywhere, information that nobody wants you to know about. Updated 1 minute ago. Sat, 09 May 2015 00:00:47 +0000 en-GB hourly 1 https://wordpress.org/?v=6.4.3 Record number of Americans living abroad renounce citizenship https://www.eutimes.net/2015/05/record-number-of-americans-living-abroad-renounce-citizenship/ https://www.eutimes.net/2015/05/record-number-of-americans-living-abroad-renounce-citizenship/#comments Fri, 08 May 2015 22:53:46 +0000 http://www.eutimes.net/?p=39190 A record number of Americans gave up their US citizenship in the first quarter of 2015, according to IRS data. This is blamed on the taxation of income earned outside the US, along with laws expanding offshore bank account and asset reporting. A total of 1,335 people renounced US citizenship during the first three months […]

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Americans abroad rejecting US citizenship as tax hikes loom https://www.eutimes.net/2013/08/americans-abroad-rejecting-us-citizenship-as-tax-hikes-loom/ https://www.eutimes.net/2013/08/americans-abroad-rejecting-us-citizenship-as-tax-hikes-loom/#comments Mon, 12 Aug 2013 21:31:06 +0000 http://www.eutimes.net/?p=28825 The number of Americans who decided to renounce their citizenship in the second quarter of 2013 increased sixfold the same period in 2012, a number the federal government attributes to strict impending financial disclosure rules. The United States is the only country out of 34 in the Organization for Economic Co-operation and Development (OECD) that […]

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