201810.31
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FATCA is the Newest IRS International Compliance Campaign in 2018

FATCA is the Newest IRS International Compliance Campaign in 2018 - Golding & Golding

FATCA is the Newest IRS International Compliance Campaign in 2018 – Golding & Golding

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 first criminal FATCA conviction — it is further proof that FATCA enforcement is a key priority.

FATCA International Tax Compliance Campaign

As provided by the IRS:

The Foreign Account Tax Compliance Act (FATCA) was enacted in 2010 as part of the HIRE Act.


The overall purpose is to detect, deter and discourage offshore tax abuses through increased transparency, enhanced reporting and strong sanctions.


Foreign Financial Institutions and certain Non-Financial Foreign Entities are generally required to report the foreign assets held by their U.S. account holders and substantial U.S. owners under the FATCA.


This campaign addresses those entities that have FATCA reporting obligations but do not meet all their compliance responsibilities.


The Service will address noncompliance through a variety of treatment streams, including termination of the FATCA status.


Golding & Golding, A PLC

We have successfully represented clients in more than 1000 streamlined and voluntary disclosure submissions nationwide, and in over 70-different countries.

We are the “go-to” firm for other Attorneys, CPAs, Enrolled Agents, Accountants, and Financial Professionals across the globe.

International Tax Attorney (Specialist) Offshore Asset & Account Disclosure

International Tax Attorney (Specialist) Offshore Asset & Account Disclosure

Golding & Golding: Our international tax lawyers practice exclusively in the area of IRS Offshore & Voluntary Disclosure. We represent clients in 70+ different countries. Managing Partner Sean M. Golding is a Board-Certified Tax Law Specialist Attorney (a designation earned by < 1% of attorneys nationwide.). He leads a full-service offshore disclosure & tax law firm. Sean and his team have represented thousands of clients nationwide & worldwide in all aspects of IRS offshore & voluntary disclosure and compliance during his 20-year career as an Attorney.

Sean holds a Master's in Tax Law from one of the top Tax LL.M. programs in the country at the University of Denver. He has also earned the prestigious IRS Enrolled Agent credential. Mr. Golding's articles have been referenced in such publications as the Washington Post, Forbes, Nolo, and various Law Journals nationwide.
International Tax Attorney (Specialist) Offshore Asset & Account Disclosure

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