The IRS is distributing about $2.4 billion to taxpayers who didn't receive their COVID stimulus payments. By the end of January, approximately 1 million taxpayers will receive special payments of ...

IRS Starts Offshore Account Data Swaps Under FATCA. ... The OVDP involves 8 years of amended tax returns and FBARs. You pay taxes, interest and a 20% penalty on whatever you owe.

The International Swaps and Derivatives Association is currently working on a revised protocol that will permit the short party to withhold US tax on dividend equivalent payments made to a non-US ...

These regulations are effective for swaps entered into on or after January 1, 2017, and for payments made on or after January 1, 2018 on swaps entered into during 2016.