AmCham Saudi Arabia: Double taxation is holding back American competitiveness
American companies are trying to compete globally, but U.S. tax policy is making it harder for them to hire Americans abroad.
That is the message from AmCham Saudi Arabia in a new open letter to Congress calling for residence-based taxation for Americans overseas. They say that citizenship-based taxation is not only a personal burden for Americans living abroad. It is also a business problem.
Congress Can Fix Citizenship-Based Taxation
Why Rep. LaHood’s approach is particularly well-developed in evaluating the opportunity for residence-based taxation for Americans abroad and mitigating some of the transition risks.
The hidden burden of being an American abroad
An American caring for an elderly relative suffers from the hidden burdens of being an American abroad.
Why the National Taxpayer Union’s Pete Sepp supports residence-based taxation
Pete Sepp: “Whether it's part of the discussion over extending the Tax Cuts and Jobs Act or a standalone bill that moves through the legislative process in some other way, Congressman LaHood's Residence-Based Taxation for Americans Abroad Act answers to the central purpose of providing Americans abroad with a pragmatic pathway to tax fairness.”
Meet our Board - Rebecca Lammers
Rebecca Lammers, head of the Democrats Abroad Taxation Task Force