A team you can trust
We work hard to achieve timely communication and insight into matters that may affect the operation of the organization. Informed business and investment decision-making with low acquisition cost, expanded market share, and global advantages. We help our clients address serious business problems such as fraud, legal investigations, litigation, and reorganizations. We also provide advice and advice on valuation issues and other issues to help them navigate and comply with the current regulatory environment. We assist our clients in establishing and implementing strategic operations and investments for mergers and acquisitions, divestitures, and capital planning.
FATCA and US tax compliance
All US citizens who work and live abroad are required to report and report their worldwide income.
More information on this can be found in IRS Publication 54, "Tax Guide for US Citizens and Aliens Living Abroad."
The US Tax Compliance Act is designed to improve tax collection involving foreign financial assets and balances outside the country. The fines for non-compliance are severe.
Under US tax compliance law, all taxpayers who own specified foreign financial assets above a certain minimum amount must report those assets to the Internal Revenue Service.
US tax compliance law services
If you are a non-resident taxpayer in the United States and want to comply with your tax obligations, you may be eligible for special actions from the Internal Revenue Service.
On June 26, 2012, the Internal Revenue Service announced new, streamlined compliance procedures for filing tax returns for non-US resident taxpayers.
These measures take into account that some non-US taxpayers who have failed to file US federal income tax returns on time, but have recently become aware of their filing obligations and are seeking to comply with law enforcement. These new measures are for non-residents and include, but are not limited to, dual nationals who did not file a US income tax return or FBAR.
Foreign Bank Report and FBAR Financial Accounts
Who can submit it?
- US persons, this includes US citizens Resident aliens Trusts Real estate Domestic entities related to foreign financial accounts and meet the reporting minimum Total value of financial accounts exceeds $1,000
us.tax@e4fs.com
The phone
+1 512 572 7629
+966 549 11 61 34
+966 126 99 77 96
