Tag Archives: Passport

EBA peer review highlights competent authorities have robust procedures to comply with RTS on passport notifications

  The European Banking Authority (EBA) has published the final peer review Report on the Regulatory Technical Standards (RTS) on the information to be notified when exercising the right of establishment and the freedom to provide services for credit institutions … Continue reading

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Passport Revocation – Can this Occur if you are in Default on Your Student Loans?

U.S. Passports Can Now Be Revoked for Unpaid Taxes — Can this Expand to Include Unpaid Federal Student Loans? Right now no.  Although there are signs that U.S. Passport holders could face a revocation of their passports in the future … Continue reading

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Tax Debt and Having Your Passport Taken Away

Congress granted the IRS the power to revoke passports in December 2015.  The process is cumbersome and bureaucratic because it involves both the IRS and the State Department.  Since the State Department is responsible for issuing and taking away passports, the … Continue reading

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IRS On a Roll with Passport Denials and Revocations – $51,000 Covered!

Yesterday the Internal Revenue Service (IRS) “strongly encouraged” taxpayers who are seriously behind on their taxes to pay what they owe or enter into a payment agreement with the IRS to avoid putting their passports in jeopardy.  It has also … Continue reading

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Revocation or Denial of US Passport for Tax Debt – It Has Begun

If you have “seriously delinquent tax debt”, Internal Revenue Code Section 7345 authorizes the Internal Revenue Service (IRS) to certify that unfortunate fact to the State Department. Once the State Department receives certification from the IRS it generally will not issue or … Continue reading

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