Read ACA's Executive Director's recent op-ed about the importance of reforming tax policy for U.S. citizens living and working overseas.
On September 12, 2024, Executive Director of American Citizens Abroad, Marylouise Serrato, published an opinion piece in RealClearMarkets detailing the need for Congress to end counterproductive "citizenship-based taxation."
"Up to 6 million Americans live outside the United States. They're a diverse bunch -- self-employed entrepreneurs and corporate wage-earners, artists and academics, students and stay-at-home parents.
Unfortunately, these Americans -- unlike the citizens of every other developed country -- are forced to pay taxes not just to their countries of residence, but also to the IRS. This quirk in the U.S. tax code isn't merely expensive and unfair for Americans living abroad. It also hurts the U.S. economy and stifles job growth here at home."
Latest
PRESS RELEASE: ACA Welcomes Former Pres. Trump’s Pledge to End Double Taxation on Overseas Americans
Posted by Aca Admin
October 10, 2024
ACA statement on recent announcement by Trump to end double taxation of US citizens overseas
Posted by Aca Admin
October 10, 2024