201810.31
1

FATCA is the Newest IRS International Compliance Campaign in 2018

FATCA is the Newest IRS International Compliance Campaign in 2018 In recent years, the IRS has introduced several new International Tax Enforcement Groups, designed to reduce non-compliance, fraud, and evasion. The IRS recently announced that FATCA is the Newest IRS International Tax Compliance Campaign. When considering the fact that the U.S. Government has already secured their…

201801.10
1

FATCA, CRS & AEOI – Dangerous Maze of Foreign Account Reporting

FATCA, CRS & AEOI – Dangerous Maze of Foreign Account Reporting In the early stages of FATCA (Foreign Account Tax Compliance Act) enforcement, if a US person had unreported foreign accounts, and their bank or Foreign Financial Institution wanted to become compliant they would send the client a FATCA Letter. Now, with the implementation of…