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)


“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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