Tag: FATCA
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Offshore Compliance Programs Generate $8 Billion
IRS Urges People to Take Advantage of Offshore Voluntary Disclosure Programs WASHINGTON—With more than 54,000 taxpayers coming in to participate in offshore disclosure programs since 2009, the Internal Revenue Service today reminded U.S. taxpayers with undisclosed offshore accounts that they should strongly consider existing paths established to come into full compliance with their federal tax…
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Why an IRA Registered Foreign Investment Account Works Wonders
Asset Protection Strategy: You centralize your investing in a tax free environment by means of an IRA registered foreign investment account is the important news for you here. Regardless of whether it is for your current holdings only or for your future investments only; if it is emigrating investments out or immigrating investments in, it…
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FATCA Solutions Workshop for Expats
International FATCA Experts from Fairbrook Alliance introduce you to a lesser known, completely legal section of IRS code that does not require full disclosure reporting by US person and US dollar entity. This FATCA registration delivers a massive number of immediate and continuous benefits which are discussed in our workshops. Protect Your Non-US Person Spouse…
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Common Sense Investment Account Safety and Security
Common sense tells us that safety and security for the future requires three unchained investment account components that you control: Unchained Jurisdiction Unchained Custodian Unchained Investment Account Is your common sense about safety and security a truth or consequence? There are two definitions of commons sense we can see here: Common sense is what I…
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The Day Your IRA/401(k) Dies
October 20th, 2015. That date might not mean much to you now, but it will. The International Monetary Fund (IMF) is expected to meet and announce that it intends to replace the U.S. Dollar as the default reserve currency. What’s that mean for Americans with retirement accounts? It means if your IRA or 401(k) is…
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Message to Offshore Money Managers
The New Dawn is Government Enforced Disclosure Globally for Money Managers: Monetary disclosure means that multinational employers who used a Trust structure labeled as a Retirement Plan are now recognized by the IRS as non compliant and their U.S. employees are subject to back taxes, late filing fees and tax penalties. Old methods of offshore…
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Offshore Succession Planning for American’s
Issue: ”Sovereign Trust – new short form trust structures which present a cost effective succession planning tool with which to hold investments” Faults: Sovereign Trust – succession planning tool U.S. Tax System is Hostile to Offshore Trusts The U.S. tax system is generally hostile to foreign trusts if there is a U.S. taxpayer involved. The…
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JP Morgan private banker: “We can’t make money anymore…
[typography font=”Cantarell” size=”11″ size_format=”px”]by Simon Black[/typography] July 1, Singapore – Yesterday over coffee, a friend of mine leaked the news that JP Morgan’s private banking division here in Singapore is going to start charging negative interest rates. I almost fell out of my chair. He’s a successful hedge fund manager and one of their best customers.…