If you know Prague well and tuned in for the second night of the ongoing Democratic National Convention, when Joe Biden officially became the Democratic Party’s nominee for president, you may have noticed an ancient Czech landmark during the virtual “roll call” – the Charles Bridge.
With the iconic 14th century bridge in the background, announcing the share of Democrats Abroad delegates for former U.S. Vice President Joe Biden, and his former rival Senator Bernie Sanders, was that partisan organisation’s global chair, long-time Prague resident Juila Bryan.
I spoke to Ms Bryan – and also to Roger Johnson, the Republicans Overseas Czech chair and Vice Chairman for Europe, who lives in Brno – about the challenges and importance of getting out the U.S. expat mail-in/absentee ballot vote. Especially when the U.S. Postal Service is facing huge backlogs, and the Trump Administration is warning of potential voter fraud when mail-in ballots are used.
They aim to stop the European country from sharing information with the US
The Association of Accidental Americans (AAA) has filed an appeal with the Luxembourg Administrative Tribunal after the country’s tax authorities refused to stop the transfer of personal data to the US.
The sharing of personal financial information is required under the Foreign Account Tax Compliance Act (Fatca) to determine how much tax US citizens who live overseas need to pay, as the US is one of two countries in the world to have a citizenship-based taxation model.
Foreign authorities, financial institutions and individuals are all bound to report under the legislation.
America should quit behaving like the world’s taxman
Biden risks scoring a spectacular own goal by pushing sovereign nations into following his lead
7 April 2021 • 6:00am
The US used to act as the global policeman; now it wants to become the global taxman. On the eve of the IMF and World Bank spring meetings this week, Janet Yellen called on countries around the world to join Washington in setting a global minimum tax rate for companies.
You can see why that might look like a good idea from the US Treasury secretary’s perspective. Last month, Joe Biden signed his $1.9 trillion (£1.4 trillion) Covid relief bill into law, paving the way for a host of measures, including direct payments of $1,400 to a broad swathe of Americans.
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EY holds forum on Kuwait tax landscape
KUWAIT, 4 hours, 17 minutes ago The tax landscape in Kuwait is evolving fast and so is the transformation and digitization of the tax authority, according to experts professional services firm EY at recently concluded series of tax webcasts. The virtual sessions, which were attended by more than 200 tax and accounting professionals from entities across Kuwait, discussed updated recent practices and digitalization of processes by the Kuwait Tax Authority, potential challenges that tax-payers in the country could face, and the future of finance and tax functions in the region. Ahmed Eldessouky, Kuwait Tax Leader, EY, said: “The COVID-19 pandemic forced regional governments to concentrate on stimulating business, supporting individuals, as well as using tax and expenditure to support companies. In 2020, the Kuwait Tax Authority was amongst the first in the region to postpone submission of tax returns and the payments deadlines to support