Legal News
IRS Ready For 2015 FATCA Enforcement and U.S. Account Disclosures By Foreign Banks
The Internal Revenue Service (IRS) is prepared to receive the account disclosures of information of U.S.
February 5, 2015
IRS Focus On Offshore Tax Non-Compliance
The Internal Revenue Service (IRS) has been ineffective in its collection of unpaid taxes from international
December 24, 2014
FATCA Causes Problems For U.S. Holders of Accounts in India
Increasing implementation of the Foreign Account Tax Compliance Act (FATCA) will soon cause problems for
December 23, 2014
IRS Announces Guidelines for Streamlined Procedures
The Internal Revenue Service (IRS) has released new guidance for taxpayers applying for the streamlined
December 23, 2014
More Americans Giving Up Citizenship For Offshore Accounts
In July 2014, the Foreign Account Tax Compliance Act (FATCA) was officially implemented, which requires
October 10, 2014
Samuel Wyly to Pay $188 million for Offshore Tax Evasion
Wealthy entrepreneur Samuel Wyly and the estate of his deceased brother Charles have been ordered
October 10, 2014