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IRS Again Criticised for Treatment of Expats in US Taxpayer Advocate’s Annual Report - International Investment

ACA has already begun meeting with Congressional offices to keep the focus on Residency-based taxation (RBT) and Same Country Exemption for FATCA reporting. 

ACA is pleased to see National Taxpayer Advocate’s (NTA) Nina Olson highlight the tax treatment of overseas Americans in her recent report to Congress. See report here.  Having the NTA's support on this issue is key to ACA’s work as it reinforces our messaging that the IRS and Congress must correct the problems inherent in the tax treatment of Americans living and working overseas.
 
ACA will continue its meetings with Congressional representatives throughout the first quarter of 2017, including visits to those members of the House Ways & Means Committee, the Committee that will be reviewing and working on tax reform proposals.
 
ACA’s easy access to Congress and our ability to meet with the legislature guarantees that our issues are being heard.