American Citizens Abroad responds to IRS 'procedures' with re-issue of call for Same Country (FATCA) Exemption
Posted by Marylouise American Citizens Abroad on
The American Expat Financial News Journal (September 10, 2019)
American Citizens Abroad responds to IRS 'procedures' with re-issue of call for Same Country (FATCA) Exemption
'American Citizens Abroad has officially welcomed the U.S. Internal Revenue Service's announcement last Friday of a set of 'new procedures' that it said would enable 'certain' expatriates to avoid key taxes normally associated with renouncing, but renewed its call for a 'Same Country Exemption' to the FATCA regulations – which are the reasons 'certain' expatriates are in need of the IRS's help in the first place – to be be introduced.'
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