International Tax Law Archives - Page 25 of 27

Is the Perception That the US Continues to Be a Tax Haven a Reality?

April 26 2017

Is the Perception That the US Continues to Be a Tax Haven a Reality? was published by the Daily Business Review on 4/26/17.

Daily Business Review

Debit cards, Offshore Funds and a John Doe Summons

April 2017

IRS remains committed to its priority efforts to stop offshore tax evasion wherever it occurs. It pursues cases in all jurisdictions of the world. Over the years, numerous individuals have been identified as evading US taxes by hiding income in

JD Supra

Colombia criminaliza la evasión fiscal

April 2017

El 12/29/2016, el Congreso de Colombia aprobó la “Ley 1819 de 2016”. La nueva legislación es una reforma tributaria estructural encaminada principalmente a aumentar los ingresos para Colombia. Colombia sufrió una pérdida de ingresos cuando los precios del petróleo se

JD Supra

Colombia criminalizes Tax Evasion

April 2017

On 12/29/2016, Colombia Congress approved “Law 1819 of 2016”. The new legislation is a structural tax reform primarily aimed at increasing revenues for Colombia. Colombia suffered a loss of revenues when crude oil prices plummeted beginning in 2014. The loss

JD Supra

IRS Criminal Investigation Unit (IRS-CI) will find you!

February 2017

Due to the Foreign Account Tax Compliance Act (FATCA) and the work of IRS special agents (IRS-CI), international tax transparency is here. There is virtually nowhere to hide. On 1/18/17, the Department of Justice (DOJ) reported that three residents of

JD Supra

When the Wall of Secrecy Collapses

February 2017

Foreign Accounts, Shell Companies, Blind Trusts, Asset Protection Trusts, Offshore Trusts, Global Citizenship, secrecy and US Residency are just a few of the Terms highlighted in the mega divorce proceedings of a Palm Beach County couple -Sarah Pursglove versus Robert

JD Supra

Do You Know What an IRS Criminal Investigation is?

February 2016

Your worldwide income is subject to U.S. income tax, regardless of where you reside”. The integrity and fairness of the US tax system is based on the premise that all income may be taxable, and that its taxpayers will self-assess

JD Supra

FBAR e IRPF AMERICANA EM SINCRONIA – AMBOS SÃO DEVIDOS A 18 DE ABRIL DE 2017!

FBAR e IRPF AMERICANA EM SINCRONIA – AMBOS SÃO DEVIDOS A 18 DE ABRIL DE 2017! published by Foodman CPAs & Advisors.

Is the IRS Wealth Squad After You? Here Are Some Triggers

1/12/17

Is the IRS Wealth Squad After You? Here Are Some Triggers was published by the DBR.

Daily Business Review

Bankers, Do your US Clients tell you everything that you need to know?

January 2017

Given the information publicly revealed by “Panama Papers”, and recent IRS reminders to out-of-compliance US Taxpayers to come into full compliance with their federal tax obligations, it is critical that Bankers and Financial Institutions educate their clients regarding banking industry

JD Supra

¿Sabe usted el propósito de los Procedimientos de Presentación de Cumplimiento Racionalizados?

December 2016

Procedimientos Racionalizados de Presentación de Cumplimiento (Streamlined Filing Compliance Procedures) es una de las opciones disponibles para los contribuyentes Estadounidenses con activos e ingresos financieros extranjeros no autoreportados. Está destinado a los contribuyentes que han actuado no-intencionalmente. El Proceso está

JD Supra

Do you know the purpose of the Streamlined Filing Compliance Procedures?

December 2016

Streamlined Filing Compliance Procedures (Streamlined) is one of the options available for US Taxpayers with unreported foreign financial assets and income. It is intended for the Taxpayers that have acted non-willfully. The Streamlined process is available to US individual Taxpayers