Foreign Financial Institutions or Facilitators

December 30, 2017
Let the Paradise Papers Be a Reminder to Taxpayers: File an FBAR if You Have Foreign Income

Let the Paradise Papers Be a Reminder to Taxpayers: File an FBAR if You Have Foreign Income

If you follow the news even casually, you have doubtlessly read about the Paradise Papers, a recent leak of roughly 13.4 million financial documents exposing the […]
December 28, 2017
With Tax Reform Underway, is it Time to Repeal FATCA?

With Tax Reform Underway, is it Time to Repeal FATCA?

If you enjoy following politics, you are already aware of the major tax reform initiatives underway in Congress. The House and Senate, having recently passed different […]
December 31, 2015
FBAR filings for taxes

Five New Financial Institutions Enter Swiss Bank Program

While many Americans are using the last few weeks of 2015 to take a break from work and spend valuable time with their families, the Department […]
December 23, 2015
Swiss Bank Program

Eight New Financial Institutions Enter Swiss Bank Program

The Department of Justice was extremely busy last week in finalizing contractual relationships with Swiss banks that have opted to enter the DOJ’s Swiss Bank Program. […]
December 15, 2015
swiss bank account tax issue

Danger: Two More Financial Institutions Enter Swiss Bank Program

According to a Department of Justice press release, two more financial institutions have agreed to the terms of the Swiss Bank Program that was established by […]
November 24, 2015
foreign financial institution

Another Foreign Financial Institution Enters the Swiss Bank Program to Obtain a Non-Prosecution Agreement

For more than two years the U.S. Department of Justice’s Swiss Bank program has provided incentive for foreign financial institutions concerned about potential violations of U.S. […]