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Etiket 'global intangible low taxed income' (2)

Tax Advice For The Cross

Maha is an IRS enrolled agent with over 24 years experience in U.S. and Canadian tax. Canadian owners of real estate property are subject to U.S. tax and/or FIRPTA withholding for non-residents when selling or renting that property. The exchange of information should enable EU member states to adapt their tax laws and regulations to counteract these in itself legal, but undesirable, cross-border tax structures. In addition, this legislation may have a behavioural impact, in the sense that...

7 toplam, 1 bugün

Your Offshore Voluntary Disclosure May Be Long Over But The Irs May Be Look...

Penalties may be imposed under IRC § 6662 for undisclosed foreign financial asset understatements. No penalty will be imposed with respect to any portion of an underpayment if the taxpayer can demonstrate that the failure to comply was due to reasonable cause with respect to such portion of the underpayment and the taxpayer acted in good faith with respect to such portion of the underpayment. In July 2019 the IRS identified post offshore voluntary disclosure program compliance as a...

14 toplam, 0 bugün