What Expats Need to Know About the Tax Reform and the IRS’ Proposed Regulations

Last week, the IRS issued proposed regulations on Section 965, “Treatment of Deferred Foreign Income Upon Transition to Participation Exemption System of Taxation” to the Office of the Federal Registry. Since the passage of the tax reform, tax practitioners and taxpayer advocates have been requesting additional guidance on the Section 965 rules. Below, our expert […]

Tax Reform Update

Tax Reform Update: How Will Expats be Affected?

Last week, the House passed a new tax bill, taking a step toward the complete transformation of the American tax code. The massive 429-page Tax Cuts and Jobs Act contains advisements for amending the current taxation procedures for both corporations and individuals. To save you from having to read the massive bill about tax reform […]