News

August 21, 2024
  • pension
  • retirement
  • savings

Prepared and Delivered Statement for IRS Public Hearing on the Proposed Foreign Trust Regulations August 21, 2024

On August 21, 2024 the IRS held a public hearing on proposed regulations in relation to Foreign Trust Regulations. Below is the statement as prepared and delivered at the hearing by......
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August 06, 2024
  • Campaign Outreach

*Tiny Action* Ask your Dem House Candidate where they stand on American Abroad Issues

We need your urgent help! Please contact your House Democratic candidate to fill in the Americans abroad questionnaire before overseas absentee ballots go out on September 21. This action will......
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July 09, 2024
  • pension
  • retirement
  • savings

Democrats Abroad Taxation Task Force Scores Advocacy Win with Foreign Trust Reporting Requirements

Last week, TaxNotes published an article titled IRS Urged to Make Trust Reporting Changes for Retirement Accounts that reported on the “deluge of commentators” asking for “more relief from the......
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July 06, 2024

Democrats Abroad Taxation Task Force Statement on Moore vs United States SCOTUS Ruling

On June 20th, 2024, the Supreme Court of the United States handed down the decision in the case of Moore v. United States. The court upheld the constitutionality of the......
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June 24, 2024
  • pensions
  • retirement
  • seniors
  • savings
  • tax
  • reporting
  • SIPP
  • TFSA
  • KiwiSaver
  • Superannuation

Taxation Task Force's Response to IRS Comment Period on "Foreign Trust" Reporting Requirements

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 Foreign Trust reporting requirements. Click......
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June 03, 2024

May 2024 Mini Tax Door Knock Report

The Democrats Abroad Taxation Task Force visited Congressional offices from May 15-19 to continue conversations on tax reform for Americans abroad. This report serves as a summary of the meetings......
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May 20, 2024
  • pension
  • retirement
  • trust

*ACTION* Tell the IRS your pension isn’t a foreign trust today!

Click here to tell the IRS to end foreign trust reporting for non-US pensions! Saving for retirement is an essential right, but IRS rules on how non-US retirement plans are......
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April 27, 2024
  • fbar

Taxation Task Force's Response to Treasury Department's Comment Period on the FBAR

Below is a copy of the submission the Democrats Abroad Global Taxation Task Force submitted to the Treasury Department for the public comment period on the FBAR. Click here to download......
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April 11, 2024
  • fatca
  • fbar

Taxation Task Force Submission for Senate Committee on the Budget Hearing Entitled: Sunny Places for Shady People: Offshore Tax Evasion by the Wealthy and Corporations

Below is a copy of the submission the Democrats Abroad Global Taxation Task Force submitted to the Senate Committee on the Budget on the Hearing Entitled: Sunny Places for Shady......
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April 11, 2024

*ACTION* Tell Treasury what you think about FBAR

The US Department of Treasury is hosting an open comment period on the FBAR. This is a critical opportunity for your voice to be heard about the tax compliance nightmare suffered......
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