The British Virgin Islands (BVI) Government has told financial institutions that the deadline for registration under its newly launched Financial Account Reporting System (BVIFARS) to facilitate FATCA compliance is June 1, 2015. Read the full article… BVI Launches FATCA Reporting Platform was last modified: August 10th, 2015 by US International Tax Advisors
Filing taxes is complicated. Even former Treasury Secretary Tim Geithner had trouble submitting his taxes correctly. So for your average tax paying citizen, the challenge to correctly submit your taxes is… well hard. And this annual task becomes harder when you have multiple bank accounts as well as accounts that are overseas. If you’re a…
Taxation is such a complicated field that even the most well-read taxpayer can have a hard time with it. Unfortunately, there is little room for error, and the smallest mistakes can have huge repercussions. 4 Reasons to Hire International Tax Experts from US International Tax Advisors was last modified: June 9th, 2015 by US International…
The Internal Revenue Service (IRS) is becoming stricter on residents, expats, foreign nationals, and financial institutions (foreign and local) that have been failing to properly file their taxes. To prevent, catch, or penalize any instances of non-compliance, the International Tax Compliance Regulations were set in place. Under these regulations, all foreign accounts and offshore assets…
