US Cross-Border Tax Blog

Published by W.L. Dueck LLP

Posts filed under ‘Low Risk’


Low Risk US Tax Compliance

On June 26, 2012 the Internal Revenue Service (“IRS”) announced new streamlined filing procedures (“SFP”) for non-resident US taxpayers to go into effect September 1, 2012. SFP is available to US persons and dual citizens living outside the US who have failed to timely file US federal income tax returns or disclose their non-US bank and financial account information and now wish to become compliant with their US income tax filing obligations. SFP differs from the Offshore Voluntary Disclosure Program… Read More