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A recent summons showdown with UBS shows that DOJ and the IRS are far from done with offshore enforcement efforts, and are expanding those efforts beyond Europe.

As we head into a new year, some tax reporting news to keep in mind.

The National Taxpayer Advocate made three specific recommendations to the IRS to try to simplify the process for reporting foreign assets.

The U.S. Supreme Court has declined to hear an appeal from the U.S. Court of Appeals' ruling in the Crawford case, in which the constitutionality of FATCA was unsuccessfully argued.

Facebook is in a protracted battle with the IRS related to its off-shoring of IP to an Irish affiliate. The IRS issued an administrative summons for the documents, and Facebook has refused to comply.

Five months after the Panama Papers leak of offshore client files, the ICIJ have released data from the corporate registry in the Bahamas pertaining to approximately 1.3 client million files.

A report co-authored by economists at global consulting firm The Brattle Group finds that newly-proposed tax legislation aiming to defer the recognition of affiliated offshore reinsurance for U.S. tax purposes will negatively impact businesses and consumers in the United States.

The IRS and Treasury published final regulations (T.D. 9806) that provide guidance on determining ownership of a passive foreign investment company (PFIC)...

The GIIN assigned as a result of this registration option then instructs IDES to route transmissions directly to the IRS.

With the tax filing season now open, the IRS has listed its top 12 tax scams and warned U.S. taxpayers that participation in these prohibited activities could result in civil and criminal tax exposure.

The IRS announced major changes to its offshore voluntary compliance programs, resulting in new guidance for taxpayers overseas and those in the US.

Last time, we wrote about "country risk"; i.e., the risk a company takes by doing business in a different country, where laws might be different from what you might expect in your home country.

By now, if you are a "foreign financial institution" for purposes of FATCA, you probably have registered with the IRS.

The US Government’s recent crackdown on offshore tax evasion shows no sign of slowing down and appears to be expanding to include new jurisdictions.

Uncle Sam just managed to dig out a quarter hiding in his couch. Or maybe his patience is just running thin with renouncers.