Igor Drabkin to Speak at the FBAR and FATCA Seminar
Igor Drabkin to Speak at the FBAR and FATCA Seminar by Strafford
Oldest Swiss Bank Indicted for Tax Fraud
Oldest Swiss Bank Indicted for Tax Fraud
Taxpayer Advocate Office Fights IRS Over Terms of Offshore Voluntary Disclosure Program
The National Taxpayer Advocate (NTA) has issued a Taxpayer Advocate Directive , complaining about unfair treatment of certain participants in the 2009 Offshore Voluntary Disclosure Program (OVDP). It appears that the NTA shared the same frustration with the OVDP that many tax practitioners, including our tax attorneys, have felt over the infamous Q&A 35 published by the IRS in the Frequently Asked Questions and Answers for the 2009 program.
IRS Announces Third Offshore Voluntary Disclosure Program
Today, the IRS announced that they reopened the Offshore Voluntary Disclosure Program for taxpayers with undeclared foreign accounts.
Three Swiss Bankers Charged for Tax Evasion
On January 3, 2012, the U.S. Attorney’s Office for the Southern District of New York charged three Swiss bankers with hiding more than $1.2 billion in U.S. taxpayer accounts from the IRS. The announcement was made by Preet Bharar, the Manhattan U.S. Attorney.