Please visit www.htj.tax for interviews with thought leaders like John Niland The UAE in general and Dubai in particular is arguably one of the few commercial centers that is now largely open to in person business. We have written about the UAE before – https://www.mooresrowland.tax/?s=dubai Dubai is a truly a global city with over 40 …
Continuing from what I first wrote here – https://htj.tax/streamlined/ Tax fraud is often defined as an intentional wrongdoing on the part of a Taxpayer with the specific purpose of evading a tax – known or believed owed. Tax fraud requires: A tax due and owing resulting from a deliberate intent to evade tax. …
Tax Evasion – “a voluntary, intentional violation of a known legal duty.” Read More »
I was asked about the valuation of foreign assets for Form 8938. Here’s more on Form 8938 – https://www.mooresrowland.tax/2014/11/fbars-and-form-8938.html Fair market value Fair market value –(1) In general. For purposes of sections 897, 1445, and 6039C only, the term “fair market value” means the value of the property determined in accordance with the rules, contained …