A US campaign group wants to stop American citizens being taxed by their
government when they work abroad.
The US charges tax on worldwide income, meaning citizens must pay tax on
their foreign income, subject to credits for tax paid overseas.
The Asia-Pacific Council of American Chambers of Commerce has teamed up with
several American Chambers of Commerce in Asia to launch the Alliance for a
Competitive Tax Policy,
US laws provided a limited exclusion for the taxes on foreign earned income,
though it has been narrowed recently, meaning some paid as much as $25,000
(£12,500) more in tax.
It is also thought that the UK non-dom charge could make it more expensive
for UK companies to hire US citizens, if the charge is not ‘creditable’ against
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy