Mad As Hell And Not Going To Take It Anymore: Two Brave Women Sue Canadian Government Over Controversial FATCA Deal
Is Ottawa violating Canadians’ constitutional rights to help the U.S. collect taxes? According to two Ontario women, it is. Two women are suing the Canadian government over a controversial deal in which Canada has agreed to share the tax information of U.S. persons who are Canadian residents with the IRS. On its face, the deal may […]
An Overview of the IRS’s Overhaul of OVDP And The Streamlined Procedures
On June 18, 2014, the IRS announced sweeping changes to both the Streamlined and the OVDP programs. The effects are generally as follows: Streamlined Program – Opening the Program Up 1. Expanded to include both U.S. citizens living abroad and U.S. citizens living in the United States; 2. Participants are not restricted to those who […]