The Internal Revenue Service today reminded all taxpayers with an FBAR filing requirement to report their foreign assets by the June 30 deadline. FBAR filings have risen dramatically in recent years as FATCA phases in and other international compliance efforts have raised awareness among taxpayers with offshore assets. 883 more words
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United Russia Proposes a Bill to Seize Property Belonging to Residents of Countries That Introduced Sanctions Against Russia
On October 15, the online edition of „Profile“ magazine published an interview with United Russia’s State Duma representative Evgeniy Fedorov, author of the bill proposing to nationalize foreign assets in Russia in response to the international sanctions targeting its state officials and businessmen. 769 more words
An Anonymous American is going to spend up to 2 million dollars to support American Citizens who wish to run for public office.
The move has rankled some, because the criteria for receiving grants is that you can not have any foreign ties, or dual citizenship as many of our current Senators have Dual American Israeli passports. 44 more words
If you are a U.S. citizen living abroad, the U.S. income tax requirements are generally the same as if you lived in the United States. All gross income, whether made in the United States or abroad is subject to U.S. 178 more words