TTFI

Please click on an event timeline title to view the full information.

Territorial Taxation for Individuals

2017
January 6, 2017

RO releases a white paper on Territorial Taxation for Individuals

Republicans Overseas releases a White Paper on Territorial Tax Reform for Individuals.  Consistent with the proposals being considered for corporate tax reform, worldwide taxation for individuals should be replaced with a territorial system.  A territorial system for individuals would:

May 4, 2017

RO meets with House Ways and Means Committee & Senate Finance Committee

Asian Republican Coalition and Republicans Overseas Territorial Taxation for Individuals (TTFI) joint team held 26 meetings with Congressional members on the House Ways and Means Committee, Senators on the Senate Finance Committee, and White House officials over four days.

August 30, 2017

RNC approves resolution supporting Territorial Taxation for Individuals

During their summer meeting, the RNC approved a resolution initiated by Solomon Yue, Jr., CEO and VP of Republicans Overseas, supporting the transition from Citizen Based Taxation to Territorial Taxation for Individuals. Read the approved resolution here.

2018
September 3, 2018

John Richardson interviews Solomon Yue on TTFI

   

2017
September 10, 2017

RO launches a Letter Writing Campaign in support of TTFI

Republicans Overseas launches a letter writing and petition signing campaign to demonstrate to the White House the strength of overseas Americans’ support for a transition away from citizenship based taxation and towards TTFI. The full campaign details can be found here.

October 2, 2017

RO will meet at the White House to deliver letters and signed petitions

Solomon Yue, Jr., CEO & VP Republicans Overseas, and Michael DeSombre, Worldwide President Republicans Overseas, will deliver the signed letters and the petitions to the White House on the afternoon of October 2, 2017.

October 23, 2017

RO will meet with House Ways & Means Committee and Senate Finance Committee

Senior members of Republicans Overseas will meet with the House Ways & Means Committee and with the Senate Finance Committee to further discuss the inclusion of Territorial Taxation for Individuals into the Tax Reform Package.

October 30, 2017

Grover Norquist urges House Ways & Means to include TTFI

Grover Norquist, President of Americans for Tax Reform, wrote 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 Grover Norquist urges House Ways & Means Committee to include TTFI in bill markup

2019
November 17, 2019

Congressman Holding and Chairman Brady recognize need to move away from CBT while speaking from the House floor

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 on the Senate tax bill since this fight is far from over. Congressman Holding recognizes the need to move away from CBT on the House floor

2018
September 3, 2018

Territorial Taxation for Individuals receives endorsements

Territorial Taxation for Individuals is receiving endorsements from a variety of organizations that support overseas American taxpayers. Please see the endorsement letters here.

September 18, 2018

RO UK held a TTFI event in London with the American Chamber of Commerce

September 21, 2018

Bipartisan discussion on TTFI held in Paris with American Chamber of Commerce

This was an exclusive discussion with leaders from both the Democrats Abroad and Republicans Overseas and a great opportunity to gain high level insights into the taxation issues affecting U.S. business overseas. They discussed  the upcoming bill on Territorial Taxation for Individuals and what it will mean for business owners.

September 24, 2018

Bipartisan TTFI Event in Frankfurt, Germany with American Chamber of Commerce

Kerry Reddington organized this bipartisan TTFI event jointly hosted by American Chamber of Commerce Germany, Republican Overseas Germany, and Democrats Abroad Germany on September 24. The TTFI legislation passage requires all of us to work together regardless of  party affiliation and political spectrum.

September 28, 2018

TTFI Event held in Italy with American Chamber of Commerce

Vice Chairman and CEO of Republicans Overseas Solomon Yue (Left), Chairman of Republicans Overseas Italy Dr. Nancy Galan (Middle), and Vice President of AmCham Italy Luca Arnaboldi (Right) joined by the American Chamber of Commerce Italy Executive Committee members for a lunch meeting in Rome to discuss Congressman Holding’s TTFI legislation. AmCham Italy liked and agreed to support the legislation.

December 21, 2018

TTFI Bill is introduced by Congressman Holding

On December 21, 2018, Congressman Holding introduced H.R. 7358  – Tax Fairness For Americans Abroad Act of 2018. This was an historic moment when a member of Congress stood up for overseas Americans and proposed legislation that would end more than 100 years of unfair double taxation. The full bill can be read here.

2019
January 5, 2019

French Senator for French Abroad agrees to support TFFAAA

Damien Regnard, French Senator representing French Abroad will not only support the Tax Fairness For Americans Abroad of 2018 (H.R. 7358), but also lobby members of U.S. Congress from both sides of the aisle next week to make TTFI a reality for his dual citizens and Accidental Americans. Republicans Overseas France Chairman Marc Porter (left), Republicans Overseas Vice Chairman and CEO Solomon Yue (middle), French Senator Damien Regnard (right) at the French Senate chamber on Sept. 21, 2018.