- Citizenship renunciation fee soars as American expats flee FATCA
- HMRC provides updates on FATCA reporting
- Brazil opposition candidate considers wealth tax
Citizenship renunciation fee soars as American expats flee FATCA
US government fees charged to Americans for renouncing their citizenship will rocket from USD450 to USD2,350 on 12 September.Read more
The fivefold increase is probably related to the recent dramatic rise in renunciations triggered by the US Foreign Account Tax Compliance Act.
HMRC provides updates on FATCA reporting
HM Revenue & Customs has created a new web page to keep practitioners and financial institutions updated on their tax reporting duties under the US Foreign Account Tax Compliance Act.Read more
The first FATCA returns are due by 31 May 2015.
Brazil opposition candidate considers wealth tax
Large fortunes may face a wealth tax in Brazil if presidential candidate Aecio Neves wins the next election in autumn this year.Read more
He explained earlier this month a tax on super wealth was on his agenda...
Four steps to TEP
Ahead of the launch of the new STEP Qualifications and Membership Framework, Nigel Race explains what this initiative means, some of its features and how it will benefit …Read more >
The battle of the titans
John Harper recalls aspects of the Thyssen case, which was under way in March 2000, when he went to live and work in Bermuda.Read more >
A brush with death taxes
Dhana Sabanathan and Shu-Ping Shen offer estate-planning advice to international couples from the US and the UK.Read more >