The Latest News on International Tax Compliance and IRS Voluntary Disclosure
US International Tax Advisors helps you to keep up with the latest news and regulations on foreign bank account reporting. Our tax and legal experts are up-to-date with the changes in FATCA and FBAR regulations, IRS amnesty programs, and the Overseas Voluntary Disclosure Program. We also share our deep expertise in international business consulting, information storage and management, litigation and investigation.
RIYADH: The introduction of Foreign Accounts Tax Compliance Act (FATCA) in the Kingdom will have an impact on more than 200,000 US citizens living in Saudi Arabia. “The act will come into force when a government-to-government agreement is signed shortly between the Kingdom and the United States,” Rupert Agius-Pease, head of tax and legal services…
The tax amnesty program is an approved limited-time program by the IRS. It aims to encourage businesses and individual taxpayers with delinquent tax obligations to come forward voluntarily. This, of course, comes with certain benefits, including abatement of penalties and interests. What You Need to Know about the Tax Amnesty Program was last modified: August…
The Foreign Account Tax Compliance Act (FATCA) – which became law in 2010 – just recently came into full effect. The results are frustrating for Americans living abroad as they struggle to find foreign banks willing to serve them. Stu Haugen, an American who lives overseas, recently wrote in the New York Times: Read the…
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If you are struggling with international tax compliance, foreign account tax compliance, or need a foreign bank account reporting consultant, your first call should be to US International Tax Advisors at (844) 796-8565. Or simply complete our convenient online contact form to begin the process of resolving even the toughest international tax compliance issue.