Home | Blog

Private Collectors of Tax Liabilities – What to Know

In 2015 Congress approved the Internal Revenue Service’s use of private collection agencies. The IRS is finally rolling this out, starting in April 2017.  To help prevent scams, the IRS has stated it will always notify taxpayers first that their debt is being transferred to one of the approved agencies. Below is a list of the approved […]

IRA Required Minimum Distributions

Do you have an IRA (Individual Retirement Accounts) in the United States? If you do and you are approaching age 70, you are on the threshold of commencing required minimum distributions or you will face substantial penalties. The following article explains these rules. Traditional IRAs (Individual Retirement Accounts) If you own a Traditional IRA you […]

Data and tax lovers: IRS 2016 stats

The IRS has just released its Fiscal Year 2016 (Oct 2015 to Sept 2016) Data book.  For those of you who love data – what can you read behind these facts (hint: less audits)?  At the end of the post, I’ll give you some stats from 100 years ago about US tax rates which you […]

Revolution or Evolution? – Reform of UK Non-Domiciled Individual Taxation

This month’s Spring Budget surprisingly made no mention of the changes to the UK taxation of non-domiciles, which take effect from 6 April 2017. The changes have been announced for some time, and draft legislation was released at the end of 2016, but details on the new rules are sparse. It can be argued that […]

Be Careful What You Wish For – US Estate Tax Reform

A variety of tax reform proposals are currently being considered by Congress and the Trump administration, one of which is the repeal of the US Estate Tax. With a life-time exclusion amount of currently $5.5 million, a married couple (both of whom are US citizens) can pass almost $11 million to their family and friends […]

QROPS and the New Regime

Philip Hammond’s spring Budget announced surprise changes to the UK taxation of Qualifying Recognised Overseas Pension Schemes (QROPS). These pension vehicles have been used by individuals to move pensions around the world, but the UK government considered that the old rules were open to abuse. We have invited Bethell Codrington, Global Head of Pensions at […]

UK Budget 2017 – Spreadsheet Phil Lives Up To His Name

As Philip Hammond took to the despatch box, he could take comfort that the UK economy was the second-fastest growing G7 economy in 2016, and the 2017 growth forecast has been upgraded. However, the growth forecast for the next few years has been downgraded, and with Brexit looming, Mr Hammond delivered a Budget very much […]

Back to the top

Here to Help

Here to Help

Contact one of our specialists

London

US Tax & Financial Services Ltd
3 Harbour Exchange Square
London E14 9GE
United Kingdom

T: +44 20 7357 8220

F: +44 20 7357 8225

Email Us

Zurich

US Tax & Financial Services Sarl
Löwenstrasse 28

PO Box
CH-8021 Zurich
Switzerland

T: +41 44 387 8070

F: +41 44 387 8079

Email Us

Geneva

US Tax & Financial Services Sarl
Blvd. Helvetique 36

CH 1207
Geneva
Switzerland

T: +41 22 700 2500

F: +41 22 700 2526

Email Us

Middle East, Asia and the Americas

US Tax & Financial Services GmbH
Löwenstrasse 28
PO Box 1367
CH-8021 Zurich
Switzerland

T: +41 44 387 8070

F: +41 44 387 8079

Email Us

Nordics

US Tax & Financial Services Ltd / MAJATTORNEY
Norra Skeppsbron 5B
SE 803 10, GAVLE
Sweden

T: +44 26 18 82 22

M: +46 70 61 88 016

Email Us