Home | Blog

Passive Foreign Investment Company (PFIC)

American citizens and resident aliens are all too familiar with the IRS practice of worldwide taxation. For most expats, this simply means having to file an additional tax return each year. But where the rules can get complex and, in many cases counter-intuitive, is where these rules extend their reach into overseas assets owned by […]

USTAXFS new appointments

USTAXFS UK appoints ex-EY Frank Hirth’s, Glenn Snow, as Tax Director in its Private Client Group, alongside a series of strategic hires and promotions We are delighted to announce that USTAXFS UK has appointed award-winning industry star Glenn Snow, formerly EY Frank Hirth, to the position of Tax Director within the Private Client Group. The […]

Pillar 2: A Deep Dive into the Swiss Pension System for American Expats

This Swiss Pillar article was produced in collaboration with Connected Financial Planning.  Occupational Pension or Work Pension This Pillar 2 plan is similar to the US 401(k) and 403(b) type plans. It is comprised of two parts:  1. Mandatory benefits (BVG-LPP) For those who are self-employed, you may choose to make voluntary contributions. If you […]

2022 US tax year changes: Individual, estate and gift taxes

The annual tax filing season opened on Monday this week, and we are delighted to summarize some important changes to the 2022 US tax year when compared to prior years. The most notable changes are: The first page of Form 1040 will look significantly different for the 2022 US tax year than prior years. There […]

Key 2023 dates for US/UK tax filing

The US tax year runs from 1st January to 31st December each year. For anyone subject to US tax systems, there are a number of deadlines and dates that you need to be aware of throughout each tax period, wherever you are in the world. Below are the 2023 US tax deadlines for the 2022 […]

2022 UK Autumn Statement: Are you affected?

The UK Chancellor, Jeremy Hunt, this morning delivered his much-anticipated Autumn Statement. He promised a “balanced plan for stability” and asked, “those with more to contribute more”.  He started by setting out the changes to personal taxes. There were no surprises here as these had been trialled in the media over the last week. The […]

Controlled Foreign Corporation (CFC) – Who is Subject to Taxation?

Can a US person who owns shares in a foreign corporation be subject to current taxation on the undistributed earnings and profits of that foreign corporation? The short answer to that question is that it is possible but as with everything US tax related, the answer depends on the facts and circumstances of each case. […]

Back to the top

Here to Help

Here to Help

Contact one of our specialists

London
USTAXFS
3 Harbour Exchange Square
London E14 9GE
United Kingdom

T: +44 20 7357 8220

F: +44 20 7357 8225

Email Us

Zurich
USTAXFS
Brandschenkestrasse 20
CH-8001 Zurich
Switzerland

T: +41 44 387 8070

F: +41 44 387 8079

Email Us

Geneva
USTAXFS
Rue de-Candolle 19
CH 1205
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
USTAXFS / 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