Letter to IRS Director of Individual International Compliance About Tax and Financial Account Reporting by Long Term Non-Resident Dual Citizens
DEAR MR. HORTON: The Service’s approach to tax and FBAR compliance by US citizens who are dual nationals and long-term residents of other countries needs to change. The existing compliance programs do not reflect the demonstrable reality that there are many genuinely innocent delinquent US taxpayers living overseas. Enclosed with this letter is a proposal…
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