This seminar will include an overview of foreign informational reporting as well as address the associated penalties and available procedures to bring clients into compliance.
This seminar will include an overview of foreign informational reporting as well as address the associated penalties and available procedures to bring clients into compliance.
· International Informational Reporting Requirements Overview
· Consequences of failure to file informational reports: (Informational Reporting Penalties; Statute of Limitations)
· Overview of compliance programs and procedures, such as Voluntary Disclosures and Streamlined Filing Compliance Procedures.
· Reasonable Cause statements and standards