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Greenback Expat Tax Services survey conducted in cooperation with ACAGF shows that overseas vote could impact 2016 Presidential Election

May 26, 2015 10:48 AM | Anonymous

Reuters Press Release (May 26, 2015)

"New survey finds US expat voting could impact 2016 Presidential Election"

"Greenback Expat Tax Services conducted this survey with over 1,800 US expats in cooperation with the American Citizens Abroad Global Foundation (ACAGF), a section 501(c)(3) charitable organization focusing principally on educational matters to promote the interests of Americans abroad.

"Both organizations intended for the survey to gather the opinions of overseas Americans on the issues that impact them most. One clear message the data reflected was the growing frustration with US tax laws, such as Foreign Account Tax Compliance Act (FATCA), a major US initiative to uncover US taxpayers hiding money overseas to avoid paying American taxes. FATCA requires individuals to report their offshore assets if they exceed certain thresholds and foreign financial institutions are now required to report information about the accounts of their American clients to the US. [...]

"The respondents who answered said that they didn't vote were for the following reasons: 15% didn't know how to vote while living abroad, 9% didn't feel their vote would make a difference and 10% didn't feel that voting as an expat was important. [...]

" 'The results of the survey are very important to the work that ACAGF and American Citizens Abroad, Inc. are doing on behalf of Americans living and working overseas. Identifying the problem areas and the concerns of this community helps our organizations better formulate policy and supports ACA, Inc.'s advocacy efforts with the legislature,' said Marylouise Serrato, Executive Director, American Citizens Abroad (ACA, Inc.), a sister section 501(c)(4) organization to American Citizens Abroad Global Foundation (ACAGF), a publicly-supported charity under section 501(c)(3).

" 'ACA Global Foundation understands the importance of identifying the issues facing the community of Americans living and working overseas. Better understanding of our members' and supporters' issues helps us educate everyone, including Congress, as to the real needs of Americans living and working overseas,' said Charles Bruce, Chairman of ACAGF."

http://www.reuters.com/article/2015/05/26/idUSnGNX4jnbWS+1c3+GNW20150526

 

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