Millions of Americans Abroad Reconsider U.S. Citizenship
Due to Increased Regulations, Millions of Americans Abroad Forced to Reconsider U.S. Citizenship The Foreign Account Tax Compliance Act, or Fatca, is forcing millions of Americans living abroad to reconsider their U.S. citizenship, a lawyer, Colleen Graffy, writes in the Wall Street Journal. “The legislation is Fatca, the Foreign Account Tax Compliance Act. To appreciate its breathtaking scope along with America’s unique “citizen-based” tax practices, imagine this: You were born in California, moved to New York for education or work, fell in love, married and had children. Even though you have faithfully paid taxes in New York and haven’t...
Due to Increased Regulations, Millions of Americans Abroad Forced to Reconsider U.S. Citizenship The Foreign Account Tax Compliance Act, or Fatca, is forcing millions of Americans living abroad to reconsider their U.S. citizenship, a lawyer, Colleen Graffy, writes in...
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