10/06/2025
At a summit on Saturday June 4 2021, the G7 group of countries agreed to establish a global minimum corporate tax rate, as well as a common way to tax the biggest international digital services companies. Background In the digital age, companies can sell services online in other countries without having a physical presence there. […]
11/17/2025
US mutual funds are a popular investment vehicle stateside and are frequently recommended as an affordable and convenient way to diversify investment portfolios. With that commonplace advice in mind, many expats consider investing in mutual funds based outside the US. Investing in foreign mutual funds, however, isn’t quite as straightforward as investing in a US-based […]
10/06/2025
The US tax system is unusual, in that the US taxes based on citizenship rather than residence. This means that all US citizens have to file US taxes on their worldwide income, even if they have to file foreign taxes too. This includes Americans living abroad, who have the same annual US filing and reporting […]
11/17/2025
Without the right tax strategy in place, double taxation is a real possibility for US expats. That’s because the US is among a handful of countries that charges tax based on citizenship, rather than residence. Fortunately, expats can use the Foreign Tax Credit, among other legislated initiatives, to eliminate the prospect of paying tax twice. […]
10/06/2025
Over nine million US citizens are living abroad, including US military and diplomatic staff. According to US law, all of them who meet minimum IRS income requirements have to file a US tax return every year, reporting their worldwide income. Neither international tax treaties, nor where their income is sourced, nor whether US citizens living […]
11/17/2025
Whether you’re an expat who owns and runs a foreign business or just holds shares in one, it’s important to understand the tax implications. After all, US taxes work differently for foreign businesses than for domestic ones. Unfortunately, they can be fairly complex — like taxes on controlled foreign corporations (CFCs) and passive foreign investment […]
10/06/2025
One of the long-term legacies of the Covid pandemic is forecast to be a widespread transition to remote working. Combined with a pent-up appetite for international travel, this is likely to mean that the next couple of years will bring a surge of interest in working remotely from abroad. Whether pursuing a dream to live […]
11/17/2025
Tax compliance is a major consideration for any business owner, particularly when dealing with international tax obligations. Form 1120-F, U.S. Income Tax Return of a Foreign Corporation, plays a crucial role in how foreign corporations with U.S. business activities report their income and calculate their tax liabilities. Despite its importance, many international business owners are […]
10/06/2025
Over the last few years, lots has been written about moving to Puerto Rico as a tax haven. Around 2,000 Americans are known to have moved to Puerto Rico for this reason to reduce their US tax bill. The only reason more haven’t joined them is that to take advantage of the tax breaks Puerto […]
10/06/2025
Adjusting to living abroad takes planning, especially when it comes to your finances and health. Healthcare and health insurance, in particular, come with their own challenges abroad. In this article, experts from International Citizens Insurance share the most common insurance challenges and solutions for American expats. Challenges of Local healthcare abroad Healthcare in the United States ranks as one […]