Liberty and justice for all United States persons abroad

International Adviser Recent Articles re Nina Olson’s Report to Congress and IRS updates on FATCA and PFIC regulations

I received links today from an Isaac Brock Society friend who says ‘Please feel free to post the links on Isaac Brock. I really don’t have the energy to start posting myself, so if it is OK I will send you anything I think might be useful (I get google alerts every day), and you can decide whether to post it or not.’

Yes, I absolutely will help out. I hope you too will find these contributions from Helen Burggraf to International Adviser, Tax & Regulation of interest and use.

IRS watchdog says agency’s offshore voluntary disclosure schemes too harsh

and:

IRS unveils latest batch of FATCA, PFIC regulations

2 thoughts on “International Adviser Recent Articles re Nina Olson’s Report to Congress and IRS updates on FATCA and PFIC regulations

  1. That report should have gotten more attention…

    It was MSP 22…http://1.usa.gov/KUAn0M

    Here is a recent I-Expat reporting…by Jim Atkins…

    IRS Slammed For Unfair Offshore Cash Penalties

    “US taxpayers volunteering information about their offshore holdings have faced savage and unfair treatment from the Internal Revenue Service (IRS), according to a consumer champion. Nina Olson, the US national taxpayer advocate claims the IRS has badly treated taxpayers who inadvertently broke tax rules in her annual report.”

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