The IRS recently announced it will be shutting down its successful Offshore Voluntary Disclosure Program (OVDP) for unreported foreign bank accounts and income. The program will end September 28, 2018. Under the OVDP, first...more
3/23/2018
/ Banking Sector ,
Criminal Prosecution ,
Disclosure Requirements ,
FATCA ,
FBAR ,
Filing Requirements ,
Financial Institutions ,
Fines ,
Foreign Bank Accounts ,
Foreign Tax ,
Income Taxes ,
IRS ,
Offshore Banks ,
Offshore Funds ,
OVDP ,
Reporting Requirements ,
Tax Amnesty ,
Tax Evasion ,
Tax Liability ,
Tax Penalties ,
Tax Returns ,
U.S. Treasury ,
Voluntary Disclosure
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA), conducts mandatory surveys to collect information on direct investment. There are three (3) specific surveys which track “out-bound” foreign investment: a...more
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA), conducts mandatory surveys to collect information on direct investment. There are three (3) specific surveys which track “out-bound” foreign investment, a...more
7/15/2017
/ BEA ,
Bureau of Economic Analysis ,
Financial Reporting ,
Foreign Affiliates ,
Foreign Direct Investment ,
Foreign Investment ,
Minority-Owned Businesses ,
Outbound Transactions ,
Parent Corporation ,
Reporting Requirements ,
Surveys
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA), conducts mandatory surveys to collect information on direct investment. There are three (3) specific surveys which track “out-bound” foreign investment: a...more
7/5/2017
/ BEA ,
Bureau of Economic Analysis ,
Exemptions ,
Financial Reporting ,
Foreign Affiliates ,
Foreign Direct Investment ,
Foreign Investment ,
Inbound Investments ,
Outbound Transactions ,
Reporting Requirements ,
Surveys
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA), conducts seven (7) mandatory surveys to collect information on direct investment. These seven surveys consist of an initial survey for any new direct...more
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA), conducts seven (7) mandatory surveys to collect information on direct investment. These seven surveys consist of an initial survey for any new in-bound...more
6/21/2017
/ Acquisitions ,
Affiliates ,
BEA ,
Benchmarks ,
Exemptions ,
Financial Reporting ,
Foreign Direct Investment ,
Foreign Investment ,
Foreign Subsidiaries ,
Parent Corporation ,
Reporting Requirements ,
Surveys ,
U.S. Commerce Department
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA), conducts seven (7) mandatory surveys to collect information on direct investment. These seven surveys consist of an initial survey for any new in-bound...more
6/15/2017
/ Affiliates ,
Bureau of Economic Analysis ,
Exemptions ,
Financial Reporting ,
Foreign Direct Investment ,
Foreign Investment ,
Inbound Investments ,
Parent Corporation ,
Reporting Requirements ,
Surveys ,
U.S. Commerce Department
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA), conducts seven (7) mandatory surveys to collect information on direct investment. These seven surveys consist of an initial survey for any new in-bound...more
The U.S. Department of Commerce, Bureau of Economic Analysis (BEA), conducts seven (7) mandatory surveys to collect information on direct investment. These seven surveys consist of an initial survey for any new in-bound...more
Businesses making investments in the United States, directly or indirectly, are required to report this investment to the United States government. This “in-bound” investment is reported to the United States Department of...more
All U.S. citizens and permanent residents are required to annually file a U.S. income tax return reporting their worldwide income from all sources. Additionally, U.S. citizens and permanent who have an interest in or...more