10/06/2025
Americans living abroad are required to file a US tax return, reporting their worldwide income, just as if they were living in the States. To avoid paying US taxes as well as foreign taxes on their worldwide income, the IRS has made a number of provisions available, such as the Foreign Tax Credit and the Foreign […]
10/06/2025
The US-China tax treaty was signed in 1984 and came into effect in 1987. Unlike many other US tax treaties, it hasn’t been updated since or added to since. The purpose of the treaty is to prevent double taxation for Americans living in China and Chinese citizens living in the US. The principle way it […]
10/06/2025
All Americans (including green card holders) are required to file US taxes, reporting their worldwide income, including expats. Many expats mistakenly assume that they don’t have to file US taxes if they don’t have US sourced income, or due to a tax treaty, however all Americans who earn over $12,000 or just $400 of self-employment […]
10/06/2025
Canada is the second most popular destination for Americans living abroad (after Mexico), with an estimated one million US expats. Many US expats living in Canada aren’t sure about their US tax filing obligations though, and they often ask whether they need to file a US tax return, and, if so whether they need to […]
10/06/2025
With Winter, thoughts perhaps turn more often to the idea of retirement in a sunnier climate. There are lots of other good reasons for Americans to retire abroad too, such as a better quality of life, more affordable healthcare, and the opportunity to explore another culture. One important consideration for Americans who would like to […]
10/07/2025
Because all American citizens and green card holders are required to file a US tax return, reporting their worldwide income, the IRS provides a number of exemptions that can be claimed that help expats minimize (and most often eliminate entirely) their US tax liability. These exemptions must be claimed when expats file their federal […]
10/07/2025
Americans who move abroad are required to continue filing US taxes, reporting their worldwide income, wherever in the world they may live. The US is almost unique in having this requirement for expats to file. As expats may also have to pay taxes in the country where they live, the IRS has provided some exemptions, […]
10/07/2025
Brandon Fathy has been named as the latest Bright!Tax Global Scholar Award Winner. Thanks to Bright!Tax’ support, Brandon will be taking up a place at the University of Leicester in the UK to begin a PHD in Archeology in January. The Bright!Tax Global Scholar Program was set up in 2016 to provide opportunities for exceptional […]
10/07/2025
It’s that time of year again when we start taking stock of 2018 and looking ahead to the holiday season and next year. For many expats, it makes sense to start getting their ducks in a row now, in terms of year-end tax planning , to avoid a last minute rush in December when they […]
10/07/2025
Living and working abroad is an incredibly exciting opportunity. Because the U.S. taxes based on citizenship though, Americans living in a foreign country such as Italy have to continue filing a federal U.S. tax return from abroad, while most also often being subject to a foreign tax regime in the country where they live, too. […]