Home | Blog

Welcome news for some US Pensions?

We have some welcome news for US pensions (and other permitted arrangements) receiving dividends from Swiss companies. On June 7, 2021, the US announced new guidance applicable to pension and similar structures operating in the US and Switzerland.  In respect to a qualifying Swiss pension or pension-like structure, the treaty operates to exempt the US […]

July Deadline for US Persons with Swiss Bank Accounts

The days of US persons hiding their money in Swiss accounts is coming to a screeching halt. If a foreign bank account (specifically Swiss in this case) had at least $50,000 at any point since 2013 and it was not disclosed to IRS, keep reading as Swiss banks may be inadvertently tattling in the coming […]

Top 5 US Tax Tips for UK Accountants and IFAs

We have highlighted below the top 5 US tax tips we think UK accountants and IFAs should know about how UK citizens can be subjected to US income and estate taxes. 1). When UK citizens spend a substantial amount of time in the US. If the individual is not a US citizen and was physically present […]

G7: Historic Global Tax Agreement

In connection with the recent G-7 Summit, leaders of the G-7 nations (Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States) endorsed the principle of a global corporate minimum tax designed to ensure multinational corporations pay income tax of at least 15% in each country in which they operate. The new tax […]

The Biden Tax Proposals: Change is Coming

President Biden’s proposals present the most dramatic changes to US taxation seen in a generation. These proposals have collectively been presented in several plans, factsheets, an address to Congress, and the Treasury Budget plan. As presented, these proposals carry the theme of increasing taxes on the top income earners and wealthy individuals as well as tax increases […]

How Uncle Sam Gets Most of the Pizza

So, you’ve been living in the US, maybe you were born there, or attended university and then stayed. You’ve worked hard, built up some savings, maybe founded a successful business. Now you are heading elsewhere in the world. Maybe your spouse wants to be closer to family overseas or a new opportunity opens up; whatever […]

IRS extends the filing deadline for 2020 Individual Income Tax Returns

On March 17th, the IRS finally confirmed that the filing deadline for 2020 federal income tax returns will be automatically extended from April 15 to May 17, 2021. Whilst not as generous as last year’s extension to July, this follows weeks of pleas from lawmakers, industry groups, accountants to extend the deadline due to the […]

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
Brandschenkestrasse 20
CH-8001 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: +46 26 18 82 22

M: +46 70 61 88 016

Email Us

Read Services in :EnglishFrenchItalianGerman