Republicans Overseas has sent a letter to White House Chief of Staff Mark Meadows, urging him to ask President Trump for Executive Orders that would:
- Exempt small businesses from the GILTI and Transition Taxes;
- Create a Commission on Overseas Americans to consider remedies for the harms done to Americans abroad via onerous regulations such as FATCA;
- End citizenship-based taxation by instructing Treasury to redefine “individual” in Section 1 of the 1913 Tax Code to ‘resident of the USA
We hope that President Trump will consider extending tax and regulatory cuts to overseas Americans.