Overseas Americans Financial Access Act This bill amends the Internal Revenue Code, with respect to reporting requirements that apply to foreign financial institutions and individuals with foreign financial assets, to create exceptions for the foreign accounts of certain U.S. residents or citizens living abroad.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Bank accounts, deposits, capitalDiplomacy, foreign officials, Americans abroadForeign and international bankingTax administration and collection, taxpayersTaxation of foreign income
Overseas Americans Financial Access Act
USA116th CongressHR-4362| House
| Updated: 9/17/2019
Overseas Americans Financial Access Act This bill amends the Internal Revenue Code, with respect to reporting requirements that apply to foreign financial institutions and individuals with foreign financial assets, to create exceptions for the foreign accounts of certain U.S. residents or citizens living abroad.
Bank accounts, deposits, capitalDiplomacy, foreign officials, Americans abroadForeign and international bankingTax administration and collection, taxpayersTaxation of foreign income