USFAAF News & Events

Prosecutors Expanding Kushner Cos. Investigation Into $285M Loan

The investigation into Kushner Cos. has been expanded by federal prosecutors on the real estate company owned by the family of the current White House…

Americans Renouncing Citizenship Hits Record High

An article published on Forbes on Nov. 3rd reveals a spike in the number of people renouncing their U.S. citizenship this year for the third…

Oct. 24 Deadline for FFIs in FATCA to Check Renewal

The IRS is reminding all Foreign Financial Institutions (FFI) participating in FATCA to check their renewal requirements before October 24, 2017. They are warning all…

Kuwait FATCA ‘files’ sent off to U.S.

The “Arab Times Online” has published an article stating that the Kuwaiti Ministry of Finance has submitted the first list of “U.S. Persons” to the…

US expat tax reform petition to be delivered to White House

Arabian Business published an article on Sun 01 Oct 2017 talking about a petition circulated by Republicans Overseas, calling for an end to citizen based taxation…

Saudi Arabia regulates non-disclosure of information for tax purposes

Saudi Arabia has published details on penalties that will be levied against those who do not disclose their information for tax purposes. These penalties have…