2022 Global Penalty Relief | Notice 2022-36 | Who Qualifies And Who Does Not? | TaxConnections 2022 Global Penalty Relief | Notice 2022-36 | Who Qualifies And Who Does Not?
Relevant Implications For Taxpayers With International Assets/Accounts. The IRS has just released Notice 2022-36 which provides an automatic relief (the “relief”) for certain tax returns for 2019 and 2020. This means that if a taxpayer qualifies for the relief, the specified penalties will be abated in full and, when the penalties have already been paid, 2022 Global Penalty Relief | Notice 2022-36 | Who Qualifies And Who Does Not?
