889 results found

On 7 October 2020, the Cypriot Tax Department issued Application Guidance No 3 relating to Tax Audits and Revision of Tax Returns in the context of the Assessment and Collection of Taxes Law.

ATCA made it extremely difficult for US citizens to open offshore bank accounts and this is applied to all, who hold a US passport (even if they lived abroad) are liable for tax in the US as well as US non-citizen who are tax residents in the US.