Making Sense of the Model 2 FATCA Agreement Between Switzerland and the United States and What’s on the Horizon
The Hunt for Snowbirds is On – A Summary of the IRS’s FAQ on Amnesty Programs for Non-Compliant Taxpayers
Since announcing its amnesty programs for non-compliant taxpayers, the IRS has received over 45,000 applications from those who wanted to fulfil tax filing obligations. According to the IRS, this meant $6.5 billion in taxes, interest, and penalties. With FATCA and global bank transparency also in action, the IRS is expecting even more mula from the […]