News

April 13, 2025

Where Are We on Residence-Based Taxation?

As discussions on tax fairness for Americans abroad continue, an elective residence-based taxation bill (H.R. 10468) was introduced in December 2024 by Congressman Darin LaHood (R-IL), right before the end......
Read more
April 13, 2025

Survey Results for H.R. 10468 (Residence-Based Taxation for Americans Abroad Act)

A sincere thank you to the more than 4,300 Americans abroad—spread across 95 countries and voting in all 50 states—who participated in our survey on H.R. 10468, the Residence-Based Taxation......
Read more
March 31, 2025
  • tax admin
  • TAS
  • remortgage
  • currency fluctuations

Taxation Task Force Submission for Senate Finance Committee's Discussion Draft to Improve IRS Administration

Below is a copy of the submission the Democrats Abroad Global Taxation Task Force submitted to the Senate Finance Committee's Discussion Draft to Improve IRS Administration.Click here to download a......
Read more
March 17, 2025
  • Taxation
  • PFIC
  • pfics

IRS Responds to Democrats Abroad Form 8621 Recommendations

On March 1, 2025, the IRS published it's response to comments submitted for Form 8621 (Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund)......
Read more
February 14, 2025
  • RBT
  • fbar
  • GILTI

Early 2025 Mini Tax Door Knock Report

The Democrats Abroad Taxation Task Force visited Congressional offices in Washington D.C. on January 29 and Feb 3-5 to continue conversations on tax reform for Americans abroad. This report serves......
Read more
February 05, 2025
  • Taxation
  • Taxes
  • tax
  • student loans
  • investing

2025 Tax Webinar Series

The Democrats Abroad Taxation Task Force is proud to announce the 2025 Tax Webinar Series every Wednesday starting on January 10! February 19 - How To Invest For Americans Abroad &......
Read more
January 30, 2025
  • tax admin
  • TAS
  • remortgage
  • currency fluctuations

Democrats Abroad Taxation Task Force's Statement on the Taxpayer Assistance and Service Act

Today, the Senate Finance Committee released a discussion draft bill called the Taxpayer Assistance and Service Act. This is a bipartisan effort "of common-sense fixes to Internal Revenue Service (IRS)......
Read more
January 28, 2025

Taxation Task Force Submission for House Ways & Means Hearing on The Need to Make Permanent the Trump Tax Cuts for Working Families on January 14

Below is a copy of the submission the Democrats Abroad Global Taxation Task Force submitted to the House Ways & Means Committee for the hearing on The Need to Make Permanent......
Read more
December 18, 2024

Ask Your House Representative to Co-Sign H.R. 10468 Residence-Based Taxation for Americans Abroad Act

We need your help this week. You can really make a difference! The H.R. 10468 Residence-Based Taxation for Americans Abroad Act, seeks to modernize U.S. tax policy by creating an......
Read more
November 18, 2024
  • pfics

Taxation Task Force's Response to IRS Comment on Form 8621 Passive Foreign Investment Companies

Below is a copy of the submission the Democrats Abroad Global Taxation Task Force submitted to the Internal Revenue Service for the public comment period on Form 8621 Passive Foreign Investment......
Read more