On Tuesday, February 21, 2012, we posted Filing False Returns is a Deportable Felony - Supreme Court, where we discussed that the U.S. Supreme Court Feb. 21, 2012 decided that lawful permanent residents who have pled guilty to charges related to the filing of false tax returns that resulted in a loss to the government of…
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Baucus International Tax Overhaul Draft Released
Senate Finance Committee chairman Max Baucus, D-Mont., has released the first in a series of discussion drafts for overhauling the Tax Code, with the first set of proposals focusing on international tax reform. The proposal details ideas on how to reform international tax rules to spark economic growth, create jobs and make U.S. businesses more…
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FATCA – U.S. And France Agree To Combat Offshore Tax Evasion
Page Content The U.S. Department of the Treasury today announced that the United States has signed an intergovernmental agreement (IGA) with France to implement the Foreign Account Tax Compliance Act (FATCA). Enacted in 2010, FATCA aims to curtail offshore tax evasion by facilitating the exchange of tax information. With today's agreement, 10 FATCA IGAs have…
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FATCA – U.S. And France Agree To Combat Offshore Tax Evasion
Page Content The U.S. Department of the Treasury today announced that the United States has signed an intergovernmental agreement (IGA) with France to implement the Foreign Account Tax Compliance Act (FATCA). Enacted in 2010, FATCA aims to curtail offshore tax evasion by facilitating the exchange of tax information. With today's agreement, 10 FATCA IGAs have…
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