On May 9, 2016, the Justice Department announced it first FATCA related conviction. The case itself was the first time that the U.S. government had brought criminal charges based upon…
A local branch of the U.S. Republican Party had filed a petition on January 11, 2016 with the High Court of Justice in Israel, Israel’s highest court, opposing FATCA laws. …
S-corporations, Nonresident Aliens and Community Property Laws
An S-corporation is a business entity in which all of the corporate income, losses, deductions, and credits each year are passed through to the shareholders for federal tax purposes. Shareholders…
Individuals with dual citizenship, U.S. persons who own foreign property, foreign persons with U.S. property, and heirs of those individuals, might wonder how New York courts treat foreign wills. This…
