The following FATCA Forms and Instructions for 2014 are now available on the IRS.GOV Forms and Publications Website:
• Form 1042
• Form 8966
• Form W-8BEN
• Instructions to Form W-8BEN
• Form W-8ECI
• Instructions to Form W-8ECI
Click HERE to access IRS.GOV Forms and Publications Website
In accordance with Circular 230 Disclosure
Do you think Eritrea, Russia, China, Ukraine or the Crimea are following your command to ‘Act now’! The U.S. can sure pump out the forms and new form crime, can’t it?
Just curious, in all your representation of OVDP from clients abroad, how many did you “opt out” when it became obvious that they were NOT the willful whales the program was designed for, but rather the ‘benign actors’ (minnows) that Nina Olson of the National Tax advocate writes about? Or did they just have to pay Full Monty penalties for their ‘form crime’ in addition to your fees which were grossly out of all proportion for the loss in tax revenue due the government. It reports that the bottom 10% paid penalties 129s the taxes due over 6 years. $13,320 for a tax liability of $105 dollars TOTAL. The IRS must be proud of those penalty collections which makes up 66% of revenue that they trumpet as success. 🙂