Citizenship News

EU To Probe Potential Abuses Of Citizenship By Investment Schemes

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 28, 2019

For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states. Read Full Story

Landmark UK Tax Court Win For British Expats

by Jason Gorringe, Tax-News.com, London

Tuesday, November 7, 2017

The UK's High Court of Justice has ruled in favor of the taxpayer in a landmark case concerning limits to HM Revenue and Customs's powers to investigate the affairs of UK expats and non-resident persons who have permanently cut ties with the UK. Read Full Story

New Record Of US Expats Giving Up Passports, Green Cards

by Mike Godfrey, Tax-News.com, Washington

Friday, February 10, 2017

According to Treasury Department statistics published in the Federal Register, a record 5,411 US taxpayers gave up their passports or their green cards in 2016 – over 26 percent more than the previous record of 4,279 set in 2015. Read Full Story

US Expats Still Giving Up Passports, Green Cards

by Mike Godfrey, Tax-News.com, Washington

Tuesday, August 2, 2016

Another 508 US taxpayers gave up their passports or their green cards in the second quarter of 2016, a fall from the 1,158 expatriations seen in the first quarter, according to Treasury Department statistics published in the Federal Register. Read Full Story

US Expats Continue To Give Up Passports, Green Cards

by Mike Godfrey, Tax-News.com, Washington

Thursday, May 5, 2016

According to Treasury Department statistics published in the Federal Register, another 1,158 US taxpayers gave up their passports or their green cards in the first quarter of 2016, in line with the 1,058 expatriations in the final quarter of last year. Read Full Story

Grenada Presents 2016 Budget Statement

by Mike Godfrey, Tax-News.com, Washington

Thursday, December 3, 2015

Caribbean territory Grenada has announced that no new taxes will be introduced in the 2016 Budget but the jurisdiction is planning numerous tax administrative changes. Read Full Story

Record Number Of US Expats Giving Up Passports, Green Cards

by Mike Godfrey, Tax-News.com, Washington

Wednesday, October 28, 2015

A record 1,426 US taxpayers gave up their passports or their green cards in the third quarter of 2015, according to Treasury Department statistics published in the Federal Register. Read Full Story

US Extends Hike In Fees For Relinquishing US Citizenship

by Mike Godfrey, Tax-News.com, Washington

Wednesday, September 9, 2015

The US State Department has issued an interim final rule that would extend the increase in its processing fees payable for renouncing US citizenship to those who relinquish their US nationality through other methods. Read Full Story

US Expatriations Unexpectedly Slow Down In Q2

by Mike Godfrey, Tax-News.com, Washington

Monday, August 3, 2015

The number of US taxpayers who gave up their passports or their green cards in the second quarter of 2015 fell to 460, according to Treasury Department statistics published in the Federal Register. Read Full Story

St Kitts And Nevis Warned About VAT Exemptions

by Mike Godfrey, Tax-News.com, Washington

Wednesday, June 24, 2015

The International Monetary Fund has said that St Kitts and Nevis should adopt measures to prevent adverse affects on Government finances from the new exemptions from value-added tax and import duties. Read Full Story

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