Starting with the tax year 2011, the new IRS Form 8938 must be filed by all U.S. persons if total foreign financial assets exceeded $50,000 at any point during the year. Form 8938 will be in addition to the long-standing Treasury Department FBAR (Foreign Bank and Financial Accounts Report) required for financial assets abroad that
Obblighi di Reporting per Investimenti Esteri: La Saga Continua
By Marco Rossi on
Secondo quanto riportato di recente su Bloomberg, diverse banche svizzere sarebbero in procinto di siglare un accordo con il fisco americano a chiusura di un contenzioso in materia di evasione fiscale. In forza dell’accordo le banche si disporrebbero a pagare una somma in via transattiva e fornire al fisco americano le informazioni sui propri clienti…
IRS Launches a New Offshore Voluntary Disclosure Program
By Marco Rossi on
IRS launched a new program for the voluntary disclosure of offshore accounts. The program ends on August 31 and provides for reduced penalties for pas non compliance…