Bloomberg - Americans Abroad Pin Hopes on Trump Promise to End Double Taxation

Written By Eric

Representative Darin LaHood, a Republican from Illinois, this week introduced a bill to end double taxation. The Tax Fairness for Americans Abroad group (TFAA), an organization representing US citizens overseas, supports it and is hopeful it will get passed next year, according to executive director Brandon Mitchener.

The legislation would allow millions of Americans living abroad to potentially “opt out” of filing to the IRS if they already pay taxes in another country, he said. It would also include guardrails to stop the wealthy from taking advantage of the system to evade taxes.

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The American - Rep. Darin LaHood (R-IL) has introduced a bill aimed at making taxation fairer for US expats
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