07/24/2017
There are lots of scare stories going around about the possible consequences for not filing US taxes as an expat. You may have heard for example about US passports being revoked, sizable FBAR penalties, and banks closing expats’ accounts because of FATCA. So if you’re an expat who’s behind with their US tax filing, you […]
07/20/2017
After having already recently been named 2017 Tax Provider of the Year for the Americas region at a gala awards dinner in Denver in May, Bright!Tax has also now been named a finalist for a second prestigious FEM EMMA Tax Provider of the Year Award, this time for the Asia Pacific region. The Forum for […]
07/20/2017
Vancouver is the most popular US expat destination in the world. US expats living in Vancouver find themselves in the unfortunate situation however of being required to file both US taxes as a US citizen, and Canadian taxes as a Canadian resident, in both cases on their worldwide income. Don’t panic though. Living in Vancouver […]
07/19/2017
It has been estimated that there are several thousand Americans living in Kazakhstan. Living in Kazakhstan is an incredible experience for a number of reasons, including the friendly locals, the exotic culture and food, and the spectacular landscapes. As an American expatriate living in Kazakhstan though, what exactly do you need to know regarding filing […]
07/17/2017
It has been estimated that there are several thousand Americans living in Namibia. Living in Namibia is an incredible experience for a number of reasons, including the friendly locals, the relaxed pace of life, and the spectacular beaches and landscapes. As an American expatriate living in Namibia though, what exactly do you need to know […]
07/17/2017
IRS form 5472 is a US filing requirement that affects some Americans living abroad who own or part-own corporations. Form 5472 must be filed by US-registered corporations that are 25% or more owned by a foreigner, and foreign corporations that trade in the US, that make any ‘reportable transactions’ during the filing period. A ‘reportable […]
07/13/2017
Saudi Arabia has had a tax for companies who employ more expats than Saudis for several years. Starting this month however, the tax is being extended to include all companies who employ expats, while a new expat tax has also been introduced for expat employees who have dependents in the country. In this article we […]
07/12/2017
It has been estimated that there are several thousand Americans living in the British Virgin Islands. Living in the British Virgin Islands is an incredible experience for a number of reasons, including the climate, the beaches and sailing, the community, and the quality of life. As an American expatriate living in the British Virgin Islands […]
07/10/2017
American expats are, unfortunately, still required to file US taxes from abroad. Thankfully though, there are several exclusions that reduce or in most cases eliminate their US tax liability. The foremost among these is the Foreign Earned Income Exclusion. Not owing US taxes doesn’t exempt expats from having to file a US tax return though, […]
07/10/2017
Living in Morocco is an incredible experience for a number of reasons, including the exotic culture and cuisine, the climate, and the landscapes. As an American expatriate living in Morocco though, what exactly do you need to know regarding filing US expat (and Moroccan) taxes? All US citizens and green card holders who earn a […]