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Estate Planning

: Wills, Trusts & Estates Prof Blog

New Reporting Rules for Offshore Accounts

By Trusts EstatesProf

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New tax reporting rules make it more difficult for wealthy taxpayers to hide assets overseas. A taxpayer with more than $10,000 offshore is currently required to file a Report of Foreign Bank and Financial Accounts. In addition, the new rules...

Full post as published by Wills, Trusts & Estates Prof Blog on August 17, 2010 (boomark / email).

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