Senate Finance Committee says time to "Rethink" Tax Rules

ACA is pleased to see members of the Senate Finance Committee joining the growing chorus of supporters for Residence Based Taxation. In a new policy paper (full report here), Republican staff of the Senate Finance Committee have proposed major changes to the way the United States taxes its citizens overseas. According to the report, “The United States needs to rethink its taxing rules for nonresident U.S. citizens.” Read the ACA press release dated December 19, 2014...