Share Share on Facebook Share on Twitter Email In brief On 28 September 2020, the Treasury Inspector General for Tax Administration published the Final Audit Report (“Report“). The Report was originally initiated to determine the effectiveness of the IRS efforts in ensuring compliance with the expatriation tax provisions under sections 887 and 877A, and related efforts to reduce taxpayer’s burden. Contents Based on the conclusions of the Report, the system lacks a centralized compliance effort aimed at enforcing the expatriate rules. Read the full alert in the North America Tax and News Development Newsletter. Author Ida Varshavsky Ida Varshavsky is an associate in Baker McKenzie's Tax and Global Wealth Management practice groups in Zurich. Author Jonathan Gomer Related Posts United States: Proposed regulations under the stock repurchase excise tax – Key Considerations for inbound companies April 25, 2024 Sweden: Proposal to abolish requirement to keep accounting materials in hard copy April 25, 2024 Brazil: IBAMA changes the way TCFA is calculated April 24, 2024
United States: Proposed regulations under the stock repurchase excise tax – Key Considerations for inbound companies April 25, 2024