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Daily Archives: September 19, 2013

Coverage Requirement under the Affordable Care Act for US Taxpayers Living Outside the US

FBAR IRS News & Regulations

The Affordable Care Act requires that all US taxpayers have health care that provides minimum essential coverage (MEC) after the 2013 calendar year. If a US taxpayer does not have the required MEC, the US taxpayer will be assessed a penalty for each month they do not have the required coverage. Most US taxpayers living…

September 19, 2013
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Topics
  • (1)Controlled Foreign Corporation
  • (27)FATCA
  • (26)FBAR
  • (1)Foreign Earned Income Exclusion
  • (2)Foreign Tax Credits
  • (27)International Business
  • (45)IRS News & Regulations
  • (2)Limited Liability Companies
  • (1)PFIC
  • (15)Shipping Taxation
  • (25)US citizenship
  • (7)US TAX SURPRISES AND REPORTING REQUIREMENTS SERIES
  • (44)US Taxation
  • (36)US Taxes for Non-Residents
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