The Foreign Account Tax Compliance Act (FATCA) means that the IRS can hit US Citizens living outside the US with tough penalties for failing to comply with US income tax and information reporting, irrespective of any tax that may be due. In most cases fines start at $10,000, although the punishment can be more severe, so it’s not something to ignore.
For over 40 years we have built up an in-depth technical knowledge of the interaction between the US and UK tax jurisdictions, and guided our clients through complex tax issues like this.
We are now bringing our expertise to some of the larger cities around the country to share our knowledge of the US tax regime. Click on the map below to see when we will be hosting a seminar in a city near you.
Email Samantha.Slaughter@frankhirth.com to RSVP
+44 (0)20 7833 3500
London: 236 Gray's Inn Rd, London WC1X 8HB, UK
+1 212 465 7800
New York: 100 Wall St, Suite 802, New York, NY 10005, USA
+64 4 499 6444
Wellington: Level 4, Office 2, 24 Johnston Street, Wellington 6011, New Zealand