Compliance Issues Foreign Tax Preparation

Swiss Make Major Moves on Compliance With FATCA

Progress on Swiss compliance with U.S. FATCA regulations means time is running out for those committing tax evasion, say tax attorneys. Tax attorneys report that Switzerland is progressing towards a…

Compliance Issues International Taxation

FATCA Timeline and Overview

FATCA, or the Foreign Tax Compliance Act, say international tax attorneys, is a new U.S law that will have a significant effect on the reporting of financial information and tax…

Foreign Tax Preparation Tax Amnesty

What You Need to Know About US Tax Amnesty Programs

It is often said, “only two things are certain in life – death and taxes”, but it turns out that some international taxpayers may at least have a chance at…

Foreign Tax Preparation OVDI Tax Amnesty

Declaring Your International Assets Under a Tax Amnesty Program

Tax evasion and falsified tax returns are now being addressed with the US Tax Amnesty Program. Severe penalties come with such a felony, including criminal prosecution and imprisonment. State governments…

H.R. 2847 - The HIRE Act
Forms and Filings

Common International Tax Form Descriptions

On March 18, 2010 President Obama signed into law the Hiring Incentives to Restore Employment (HIRE) Act which provided tax incentives to employers who hire and retain workers.  To pay…

Entity Classification Forms and Filings International Taxation

Substantial Presence Test

Global families residing in multiple countries may run the risk of being considered a resident alien (“RA”) of the United States for tax purposes even without obtaining a green card. …

Foreign Tax Preparation OVDI Tax Amnesty

OVDP, OVDI, Offshore Voluntary Disclosure Program

In today’s globalized economy, with the mobility of individuals, many members of wealthy families have bank accounts, rental properties, stocks and securities and assorted other assets spread across the globe. …

Foreign Country Filing Considerations International Taxation

Domicile for Estate Tax Purposes

In the current globalized world individuals are more mobile than ever before and wealthy families now have the opportunity to live and maintain homes concurrently in different parts of the…