UK-based Americans face cash flow headaches and possible double taxation due to a expatriate tax change proposed by the Biden administration
Tax experts warned that the plan could eliminate the ability to offset tax paid in the UK against US liabilities on the same income.
Measures being considered by the US Senate plan to abolish a carry back provision used when American expats have paid more tax abroad than they owe in the US.
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I get that as an American overseas I have to have to file taxes in the United States regardless of my residency. I get that
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