Long considered a “no tax” jurisdiction, on January 31, 2022, the Ministry of Finance announced that the United Arab Emirates…
Deepika IyerMay 5, 2022
Since 1970, U.S. residents and citizens who maintained bank accounts in foreign countries have been required to disclose these holdings…
Lina LadekarlJanuary 31, 2022
One of the outcomes of globalization is dispersed families. Millions of American citizens and residents have close family members that…
Lina LadekarlDecember 8, 2021
One, rather unexpected, consequence of the pandemic is the increased interest in dual citizenship. A recent article in The New…
Lina LadekarlFebruary 15, 2021
The Consolidated Appropriations Act of 2021 (“CAA”) that was passed into law contains important changes to the Paycheck Protection Program…
Darko NaumoskiJanuary 12, 2021
Renouncing a citizenship is a major decision with serious financial, social, and emotional consequences. For United States citizens, this decision…
Lina LadekarlDecember 21, 2020
The IRS recently released the 2020 version for Form 2555, Foreign Earned Income. This form is used by Americans living…
Robert EwanisDecember 7, 2020
A recent district court case* against the estate of a deceased taxpayer has ruled in favor of the IRS granting over…
Robert EwanisNovember 23, 2020
In early November 2020, the IRS updated the terms of the Delinquent International Information Return Submission Procedures (Procedures). The Procedures…
April PengNovember 12, 2020
