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The Tax Prevention and Reconciliation Act of 2005 -- Effects on Fringe Benefits Earned Living Abroad (PDF)
Seyfarth Shaw LLP Link to more items from this source
June 19, 2006
1 page. Excerpt: The Tax Prevention and Reconciliation Act of 2005 (signed into law on May 17, 2006) retroactively increases taxes for Americans living abroad. The new tax law includes tax year 2006 and changes the way in which taxes are calculated on subsidies, such as housing allowances, given to Americans living abroad by their employers to protect them from high taxes.

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