FOREIGN ASSET REPORTING: Actions Needed to Enhance Compliance Efforts, Eliminate Overlapping Requirements, and Mitigate Burdens on U.S. Persons Abroad

Abstract

Concerns over efforts by U.S. taxpayers to use offshore accounts to hide income or evade taxes contributed to the passage of FATCA in 2010, which sought to create greater transparency and accountability over offshore assets held by U.S. taxpayers.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
Apr 01, 2019
Accession Number
AD1183093

Entities

People

  • James Mctigue

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • Energy and Power Technologies
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Commerce
  • Congress
  • Corporations
  • Data Management
  • Department Of State
  • Employment
  • Families (Human)
  • Geography
  • Government (Foreign)
  • Governments
  • Law
  • Law Enforcement
  • Money
  • National Governments
  • Revenue
  • Risk
  • Risk Management
  • Security
  • Social Security
  • United States
  • United States Government

Readers

  • Government and Public Administration Law.