November 2014

FBARs and Form 8938

FATCA / CRS, FBARs and Banking, Tax Planning for Singapore /

Back in March 2014, I first wrote about FBARshttps://www.mooresrowland.tax/2014/03/dont-forget-those-fbars-aka-fincen-114.html But my recent interaction with clients suggests that I need to revisit the topic. Each U.S. citizen and permanent resident must report worldwide income to the IRS even when paying taxes elsewhere. Moreover, you must file an annual FBAR(now called FinCEN Form 114) disclosing your foreign […]

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IRS Goes Undercover and the Movement against Corp Tax Avoidance

Tax Planning for Singapore, U.S. Tax Planning, UK Tax Planning /

When it comes up in conversation, I keep telling people one thing – forget FATCA, we are in the midst of a movement that is much bigger than just one law. The drive for international transparency and substance seems unstoppable at this point. It is not just happening at the individual level, it is happening

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