Tax Simplification for Americans Abroad Act
We are excited to announce that H.R. 5432 Tax Simplification for Americans Abroad Act has been introduced in the U.S. House of Representatives. Join us for a webinar with the sponsor of the bill, Congressman Don Beyer (D VA-08) on Wednesday, September 27 at 12pm ET to find out more!
The Tax Simplification for Americans Abroad Act will:
Create a simplified tax return form to help make it easier for Americans filing from abroad who owe no U.S. tax.
Eliminate double taxation for pensions and retirement distributions (including Social Security benefits), scholarships, fellowship grants, disability benefits, childcare expenses, family medical leave, and unemployment benefits.
Consolidate the FBAR into FATCA, increase the filing threshold, and eliminate the requirement to report separately to FinCEN.
Please call your House Representative today and ask them to co-sponsor the bill. Click here for how to call and what to say.
Need more info to make the call? Join us for the webinar where we will lay out clear instructions for how to call your House Representative!
Thank you for taking the time to help us pass the bill!
Democrats Abroad Taxation Task Force
Easy Milano is the online publication for the international community of Milan. We offer practical tips, key information and essential insights about living and working in Italy. Easy Milano has been assisting English speaking expats in Milan since 1999.
Follow us on Facebook - Instagram - Newsletter