Americans Moving Abroad

For American citizens (or green card holders) living and working abroad, managing their U.S. filing requirements can be cumbersome.

Compliance challenges are even more significant since the introduction of the Foreign Account Tax Compliance Act (FATCA).

Under FATCA a number of foreign jurisdictions will automatically report bank account information of a U.S. resident taxpayer (U.S. Person) to the Internal Revenue Service. The significant penalties for non-compliance can be very costly.

Asena’s U.S. tax team can assist  U.S. taxpayers not only with U.S. tax laws – we can also ensure that clients are properly advised about the use of foreign companies or trusts to ensure their income tax positions are the most efficient for their personal circumstances.


Have a tax question?

We care. Asena’s guiding philosophy is to understand and have empathy with our clients while providing specialist professional tax advice and services. If you need integrated cross border tax advice and compliance our renowned team is able to help you.

News and Updates

How does the new era of information exchange impact your tax filing?

With the new wave of global information exchange, governments are...

Read more

Do you have unreported foreign assets or bank accounts?

The new wave of information reporting is shaping the way...

Read more

What is the new voluntary disclosure program?

The IRS released a memorandum containing procedures for the Updated...

Read more


OFFICES

Newsletter

Newsletter Footer

  • This field is for validation purposes and should be left unchanged.