IRS Announce New Procedure
- September 13, 2019
- Posted by: Hansen_Sweeney
- Category: IRS, News, Tax
IRS Announce New Procedure that significantly helps Delinquent US Taxpayers get back into US Tax Compliance
On 6 September 2019, the Internal Revenue Service (IRS) announced an important new procedure enabling certain non-compliant US citizens who give up their citizenship to become tax compliant.
Eligible taxpayers must file US tax returns (and associated filings) for six years.
Qualifying taxpayers may become US tax compliant without having to pay ANY US taxes, interest or penalties.
These provisions are outlined in the IRS ‘Relief Procedures for Certain Former Citizens’ and accompanying FAQs.