Tags » Offshore Accounts

While some Homelanders have a private tax system - USA imposes FATCA and CookvTait on #Americansabroad

A “bed time story”  explaining why FATCA does not matter in the least for those it was supposedly intended to target!

Once upon a time in America – a FATCA fairy tale … 1,508 more words

Citizenship-based Taxation

The #FATCA Retirement and other assorted #CookvTait short stories ...

Have you either considered stopping working because of U.S. policies toward Americans abroad? Have you stopped working? Have you given up attempting to plan for your retirement? 633 more words

FATCA

18,000 Retired U.S. Military Personnel Are Living Abroad: How Many Know About FBAR and Foreign Asset Reporting Requirements?

The U.S. Department of Justice reports 18,000 retired U.S. military personnel are living outside the United States. If you are a U.S. taxpayer living outside the United States and you have assets in a foreign bank account, you may need to file an FBAR or other specific foreign asset reporting forms with the Internal Revenue Service (IRS). 397 more words

IRS

What's the point of an offshore bank account?

Are you considering setting up an offshore bank account? Owning a bank account in a foreign country can be useful, however, before going through the trouble of setting one up, you should understand that there are some limitations. 552 more words

Offshore Company Formation