Some offshore account reporting is changing, although potential civil and criminal penalties are still frighteningly high. American citizens and residents with non-U.S. bank or financial accounts—or any non-U.S. assets for that matter—have been grappling with myriad changes the last handful of years. It can sometimes feel like thout there.
Some offshore account reporting is changing, although potential civil and criminal penalties are still frighteningly high. American citizens and residents with non-U.S. bank or financial accounts—or any non-U.S. assets for that matter—have been grappling with myriad changes the last handful of years. It can sometimes feel like thout there.
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