This month (7 January 2023), the US government has announced plans to reduce its fee for the citizenship renunciation scheme from US$2,350 to just US$450. Rule-making will now begin to change the fee level.
The reduction in the much-criticised fee will be welcomed by many.
The decision comes just a few days before oral arguments in a court case were put to a US district court judge in Washington, DC.
The court case was brought by the Association of Accidental Americans who argued that “the [- -]
Submitted by
Sestini & Co | on Tue, 03/29/2022 - 12:08 | In
international tax,
non-dom The April 18th tax filing deadline less than a month away for US citizens and others required to file a tax return in the US but the IRS is still experiencing delays.
On 27th March 2020, the US agreed a package of measures designed to help mitigate the impact of the Covid-19 pandemic. Named the Coronavirus Aid, Relief, and Economic Security (CARES) Act, it provides for direct payments to individuals and small businesses.
Submitted by
Sestini & Co | on Wed, 03/25/2020 - 18:14 | In
international tax,
non-dom The IRS has confirmed extended filing and payment dates however, not all US states are mirroring the 3-month deadline so get in touch with us for guidance.
