US tax changes for 2013 and 2014
Please note: Some links have been removed as the page has been unpublished at the source. This year has flown by and as we head into the holiday season, tax is probably the last thing you want to think about but there are some important dates to remember as well as changes coming up in […]
Obamacare and You – What Expats need to know
When Congress passed President Obama’s healthcare reform, also known as the Affordable Care Act, which guaranteed a minimum amount of health coverage for all Americans, it was received with mixed reviews. For those living overseas such as the United Kingdom, who have access to the National Health Service (NHS), it seemed an obvious step in […]
Guernsey and Jersey join IoM in tax agreements with UK
Further to our blog post on October 17, “Isle of Man Signs FATCA Type Agreement with UK”, the HMRC announced that Guernsey and Jersey also signed IGAs with the UK on the 22 October 2013 – the ‘UK-Guernsey Agreement to Improve International Tax Compliance’ and the ‘UK-Jersey Agreement to Improve International Tax Compliance’ – meaning that all […]
Global Tax Information Exchange: OECD Convention on Mutual Administrative Assistance in Tax Matters
This past Monday, October 15th, Switzerland signed the OECD Convention on Mutual Administrative Assistance in Tax Matters According to Switzerland’s Ambassador to the OECD, Switzerland’s signature of the Convention “confirms Switzerland’s commitment to the global fight against tax fraud and tax evasion with a view to safeguarding the integrity and reputation of the country’s financial […]
Isle of Man Signs FATCA Type Agreement with UK
As a result of an intergovernmental agreement signed in London on October 10 by Chief Minister Allan Bell and HM Treasury Exchequer Secretary David Gauke, the Isle of Man became the first British dependent territory to sign an agreement with the United Kingdom extending the automatic disclosure of tax information. The agreement is based on […]
UK to US Charitable Giving
Americans are by definition generous givers to worthy causes. According to the “Giving USA Report” prepared annually by the University of Indiana, Americans give 3 to 7 times more than Western Europeans. In 2012, Americans gave $316 billion to various cultural, religious, humanitarian and educational causes or an average of $2,000 for every household. In […]