As we pointed out in our post entitled US Expatriation Continues to Increase At a Record Pace in 2014! Here we discussed that the number of Americans renouncing U.S. citizenship stayed near an all-time high in the first half of the year before rules that make it harder to hide assets from tax authorities came…
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Credit Suisse To Pay $1.8 Billion for Conspiracy Aid Taxpayer's Evade U.S. Taxes!
On Monday, March 17, 2014, we posted "Are You A Credit Suisse Client? You May Want to Make Your Voluntary Disclosure NOW!", where we discussed that on Wednesday, March 12, 2014, a former Credit Suisse Banker, Andreas Bachmann, pleaded guilty to conspiring to defraud the Internal Revenue Service (IRS) in connection with his work as…
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Taiwan Provided the US Financial Information on 4,273 US Green Card Holders Under FATCA!
According to The China Post The Financial Supervisory Commission's (FSC) chairman Tseng Ming-chung met with the U.S. treasury from Nov. 2 till Nov. 5 and signed an Intergovernmental Agreement (IGA) under the Foreign Account Tax Compliance Act (FATCA) that will see Taiwanese financial institutions directly providing 4,273 Taiwanese green-card holders and American citizens' bank account…
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QI Application Deadline is December 5th, 2014!
Those FI’s seeking to obtain QI status to be effective for the calendar year 2014 must submit their Form 14345 and Form SS-4 no later than the close of business December 5th, 2014. All applications received after that date will be effective for calendar year 2015. Have A Tax Problem? Contact the Tax Lawyers at …
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