News - Democrats Abroad

News

RBT
GILTI
fbar
PFIC

May 2025 Mini Tax Door Knock Report

The Democrats Abroad Taxation Task Force visited Congressional offices in Washington D.C. from May 28-30 to continue conversations on tax reform for Americans abroad. This report serves as a summary......

A Summary of the Remittance Tax for Americans Abroad (current as of July 12, 2025)

On July 4, 2025, the One Big Beautiful Bill Act was signed into law. One of the provisions in the bill was called the remittance tax, which could also be......

tax
Taxation
paper checks

Taxation Task Force's Response to Treasury Comment Period on the Executive Order, ‘‘Modernizing Payments To and From America’s Bank Account’’

Below is a copy of the submission the Democrats Abroad Global Taxation Task Force submitted to Treasury for the public comment period on the Executive Order, ‘‘Modernizing Payments To and......

Taxation Task Force Submission for House Ways & Means and Senate Finance Committee Hearings with Treasury Secretary Bessent on June 11, 2025 and June 12, 2025

Below is a copy of the submission the Democrats Abroad Global Taxation Task Force submitted to the House Ways & Means and Senate Finance Committees for the hearings held with......

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......

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......

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......

PFIC
pfics
Taxation

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)......

February 14, 2025

RBT
GILTI
fbar

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......

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 &......