Video (Swiss TV) – US Expatriation
Our very own Gregory Dean spoke to Suisse Romande TV regarding increased American expatriation due to the mounting burden felt by US citizens through taxation. Once seen as a beacon of opportunity and pride to have been born in the US, many are now seeing it as a negative.
Did you Know?
Fact SevenThanks to FATCA banks must disclose their American account holders to the IRS or local tax authority.
Fact SixThe IRS is actively looking for non compliant US persons.
Fact FiveIt takes an average of 16 hours to do IRS Form 1040.
Fact FourThere are over 500 IRS tax forms.
Fact ThreeSince 1916, illegal income has been taxable.
Fact TwoUS persons must file tax returns no matter where they live and work.
Text One7 million Americans abroad
only 500,000 compliant