U.S. Citizens in Canada InfoShop

2011 Aug 26 – Johnson

 
Kevin Johnson
Going quietly into the night may not be the best idea for U.S. citizens living abroad
Forbes (26 Aug 2011)


http://www.forbes.com/sites/irswatch/2011/08/26/going-quietly-into-the-night-may-not-be-the-best-idea-for-u-s-citizens-living-abroad/

“The IRS has indicated that it will be looking for individuals who make quiet disclosures and will audit those individuals.” Consequently, a 5 percent penalty under OVDI may offer less risk.
 

Written by usxcanada

26 August 2011 at 6:00 am

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