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Old 14.09.2018, 21:49
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Effort to exempt American business owners from transition and GILTI taxes

For those Americans who own or have shares in a Swiss business, or any non-US business for that matter, a lawyer named Monte Silver is leading a campaign to force the IRS / Treasury department to exempt American small businesses worldwide from the transition and GILTI taxes. He's asking affected Americans to submit a comment here that outlines the negative effects they are experiencing or will experience from these new taxes: www.regulations.gov/comment?D=IRS-2018-0019-0001

Submissions can be anonymous.

Here's more information:

http://www.citizenshipsolutions.ca/2...x-gilti-taxes/

If you're interested in submitting a comment, or forwarding this information to any contacts you have or online lists you belong to, please do so.
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Old 16.09.2018, 13:32
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Re: Effort to exempt American business owners from transition and GILTI taxes

The planned U.S. tax on small business owners could impact a lot of U.S. citizens abroad. According to survey data by a Brussels-based professor, A. von Koppenfels, who researches the American diaspora, self-employment by Americans abroad is high. These are self-employment figures cited in her 2014 book "Migrants or Expatriates?":

France: 45.1%
Germany: 34.2%
UK: 14.4%

Figures for Switzerland are not available.

Last edited by Mullhollander; 16.09.2018 at 13:44.
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