Tax Compliance for U.S. Indviduals and Companies
- Owning stock in foreign companies, foreign accounts and interests in foreign partnerships can create complex compliance burdens. If you have a question about compliance, consider using the Tax Diagnosis service. Jon can help with international tax compliance questions, including:
- Filing a Gain Recognition Agreement following a transaction involving stock of a foreign corporation to qualify for tax-free treatment.
- If you have not disclosed foreign assets, foreign income or foreign accounts, and want to enter the IRS Offshore Voluntary Disclosure Program (OVDP).
- If you have discovered that you failed to comply with IRS reporting requirements due to a non-willful mistake, and you want to enter the Streamlined Filing Compliance Procedure program.
- If you have a foreign bank account and need to file electronic FBAR reports (Form 114).
- If you own stock in a foreign corporation and need assistance filing Form 5471 for U.S. shareholders in Controlled Foreign Corporations.
- JVL Tax Law can help U.S. individuals who own partnership interests in foreign partnerships to determine if they need to file IRS Form 8865.
Tax Compliance for Foreign Companies and Individuals
Non-U.S. companies are subject to a variety of complex compliance requirements for their U.S. investments. JVL Tax Law can help:
- Foreign hedge funds and other foreign investment funds comply with FATCA.
- Foreign financial institutions that want to enter into “Qualified Intermediary” agreements with the IRS.
- Help with W-8BEN-E, W-8IMY, W-8BEN and other withholding tax forms for foreign companies, individuals, partnerships and others, including claiming treaty benefits and creating withholding statements.