There has been a lot of controversy surrounding the most recent g20 meetings and the blacklisted tax haven list that came out of the meeting. The consensus among most is that the list was highly political and that it was nothing more than a tool to force compliance on those countries without protection from one [...]
Monthly Archives: April 2009
Offshore Account Holders Not Enticed by IRS Bait
In March, The IRS trumpeted new limits on penalties and fines for offshore account holders. The new guidelines were an effort to entice those with offshore accounts into voluntary compliance with the tax regulations regarding the accounts. To date, however, many of those the new regulations were intended to coax have been slow to come out of [...]
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