September 15, 2014
International banks refuse to do business with US citizens. Renunciation of American citizenship on the rise.FBI agents training with assault rifles.
If it sounds like Hollywood's newest thriller, it's not. Brought to you by FATCA and FBAR, the financial landscape is changing for American citizens who thought their foreign assets were safe from the eyes of the IRS.
Dave Wolf, Adv. gave a comprehensive, up-to-date presentation on Sept. 11, 2014 for the Israeli Accountants Institute on the changes, the impacts and the options. Download the presentation - Extreme Penalties, Expatriation and Exchange of Information - below.