The House Ways & Means Committee is holding a ‘Hearing Seiries on Tax Reform: Growing Our Economy and Creating Jobs.’ They are collecting statements for the congressional record, and this is a great opportunity to provide testimony as to the unintended and potentially disastrous consequences of the Repatriation Tax and GILTI tax regime. Comments must […]
About Kym Kettler
This author has yet to write their bio.Meanwhile lets just say that we are proud Kym Kettler contributed a whooping 54 entries.
Entries by Kym Kettler
Solomon Yue, CEO of Republicans Overseas, will be in Hong Kong on May 28, 2018. Please join us at 6:30 – 8:00 pm for an update on Territorial Taxation for Individuals. Mr. Yue will discuss his recent visits to Washington, D.C., the progress being made on Territorial Taxation for Individuals, and the impact this would […]
The Department of the Treasury has granted a two month extension for making the first payment of the Repatriation Tax included in the Tax Cuts & Jobs Act of 2017. The full advice from the Treasury can be read here. The relevant information on the Repatriation Tax can be found on page 36. A picture […]
Republicans Overseas has requested a House hearing on the harmful impact of the ‘repatriation tax’ on the small business corporations owned by overseas Americans. ‘Attached is an RO PPP on the severe and unintended consequences of the repatriation tax contained within the Tax Cuts & Jobs Act 2017 on small businesses owned by overseas Americans. […]
Republicans Overseas is dedicated to ending citizenship-based taxation, but we are not a signatory to the letter published by the AARO on asking Congress to implement RBT (residence based taxation). The ACA wrote this letter and circulated the draft to us, asking us to join as a signatory. We declined for three key reasons: Republicans […]
Both Congressman Holding and Chairman Brady recognized that CBT is inconsistent with the current territorial taxation for corporations as well as harming U.S. firms’ competitiveness overseas. As a result, they pledged to continue to explore moving away from CBT. This demonstrates the commitment from Chairman Brady to get this done. We now need to focus […]
By: Helen Burggraf | 17 Nov 2017 Spokespeople for organisations that have been urging US lawmakers, on behalf of expatriate Americans, to legislate for a change to a “residence-based” tax regime said today that the possibility of such a change is still alive, even if it hasn’t yet been spelled out in the latest tax […]
Grover Norquist, President of Americans for Tax Reform, has written a letter to Chairman Kevin Brady of the House Ways and Means Committee urging him to include TTFI in the tax reform bill’s markup. Read the letter here.