Cautious Optimism Among US Expat Reps Over Possible Tax Law Changes

By: Helen Burggraf | 26 Oct 2017

International Investment

Representatives for American expatriates in Washington have been expressing cautious optimism about the chances that the way such expats are taxed may be about to change, after weeks of lobbying that culminated this week in meetings with lawmakers.

Among them is Republican National Committee member Solomon Yue, who is also chairman of the Republicans Overseas, one of a number of organisations that have been actively urging Congress to use the opportunity of a tax reform bill to move the US to a “territorial taxation for individuals” regime, or TTFI – replacing the current system of taxing individuals on the basis of their citizenship.

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