Skip to main content

International Investment (January 9, 2019)

US bill moves to end double taxation of Americans living abroad

"American expats could have a tax relief as a new US bill introduced this month moves towards ending the country's citizenship-based taxation by only taxing those who live in the US....In recent years, academics and various lobby groups, such as American Citizens Abroad, have argued that the U.S. should abandon its citizenship-based taxation policy to avoid double taxation."