expat network

Top Five Things to Be Aware Of Before You File Your US Taxes

It’s that dreaded time of year again—tax time! While US expats may cringe at the thought of filing US taxes, understanding the important US tax laws will make the filing process a lot easier   By David McKeegan If you are a new expat, new to filing US taxes abroad or filing on your...

Tax Noose Tightens On Americans With Offshore Assets  

International non-compliance has become a significant area of concern and focus for the Internal Revenue Service.  Based on recent criminal prosecutions and convictions by the Department of Justice and global tax enforcement initiatives, it is clear that international tax is a top priority for the IRS and that the Agency will vigorously pursue offshore tax...

British Expats: Keep Records Which Show Non-Residence

With tough new statutory residence test rules, British expats have to make sure of their status by keeping careful travel records. The issue of where you are resident for tax purposes can be more complicated than many people realise, say expat advisers Blevins Franks. If you get it wrong, you could face a tax investigation....

How to Catch Up On US Taxes

This article was written by David McKeegan from Greenback Expat Tax Services. All information was accurate as of January, 2015. If you are one of the many expats who doesn’t always stay up to date on the latest tax and filing obligations, you’re not alone! Fortunately, that’s where we come in. It’s our job to keep...

Expat Tax Equalisation: Yes, But Is It Fair?

In the other articles on expat tax equalisation we explored how it works and if you are paying too much. Now the question is, is it fair? This depends on whether you are seconded to a low tax or a high tax country. By The Fry Group In our experience, a country will operate a...

Expat Tax Equalisation: Paying Too Much?

With tax equalisation there are distinct swings and roundabouts, depending on in which country you are working. By The Fry Group In the article Expat Tax Equalisation: How Does It Work? We explained the theory behind this common expat pay arrangement. Of course, the theory is all well and good. An individual bears tax to...

Expat Tax Equalisation: How Does It Work?

The fundamental principle behind tax equalisation is that an expatriate should be no better off or no worse off as a result of being assigned abroad. By The Fry Group Tax equalisation is presumably in place to encourage expatriates to work for their employers wherever they may be sent, sure in the knowledge that they...

Tax Back In The UK

If you find yourself considered as UK resident for tax purposes, it is as well to know what rates of tax you will now be required to pay – and which you may be able to avoid if you successfully achieve UK non-resident status. By Iain Yule Income Tax In the 2014-15 tax year...

Tax For Canadian Expats

Recent developments have made taxation and investing for Canadian expatriates even more difficult....