Some Surprising Tax Changes Buried in the Fixing America’s Surface Transportation Act

On Friday, December 4, 2015, President Obama signed the “Fixing America’s Surface Transportation Act” (FAST Act) into law.  Although the FAST Act is primarily a transportation infrastructure bill, it contains tax provisions that could significantly impact US taxpayers living abroad. Section 32101 authorizes the Department of Treasury to advise the Secretary of State of the…

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