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IRS Crackdown on Bank Deposits in Tax Havens

by cpaofmiami | Dec 4, 2014 | International Taxes - Expat Tax Compliance, IRS Tax Problem Resolution - Back Taxes

The Internal Revenue Service (IRS) is now looking at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets. Effective July 1, 2014, the U.S. government will start imposing 30 percent taxes on many overseas...

IRS Crackdown on Bank Deposits in Tax Havens

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