United States: Offshore Banking

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Wealth management law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as offshore banking, offshore company formation, offshore financial centres, wealth and asset management.

Ep. 69 – International Lives And The New Reality Of Estate Planning (Podcast)

Today's families are increasingly global, with assets, homes, citizenships, and loved ones spanning multiple jurisdictions. Michael Clear hosts a conversation with Carolyn Reers and Suzanne Shier about the forces driving cross-border planning challenges, from globally mobile families and international philanthropy to cultural competency, compliance, and succession laws around the world.

United States Wealth Mgt

WD

Wiggin & Dana

Renouncing US Citizenship Or Giving Up A Green Card: Why And How To Consider It

Israel and the United States share a strong bond, and U.S. citizenship or permanent resident status allows access to the largest economy in the world.

United States Tax

MP

Moodys Private Client Law LLP

Proceed With Caution: The "Dirty Dozen" Tax Scams For 2017

The Dirty Dozen American film released by MGM in 1967 depicts wartime law breaking, theft and impersonation, but today we are talking about the IRS' "Dirty Dozen Tax Scams for 2017" list, which depicts law breaking, theft and impersonation issues that are putting taxpayers at risk.

United States Tax

DM

Duane Morris LLP

DOJ And IRS Expanding Offshore Enforcement Efforts: Financial Institutions And Individual Taxpayers Beware

A few months ago, we posited that the DOJ and IRS were expanding offshore enforcement efforts beyond Europe, with a likely new target of those efforts being Singapore.

United States Tax

D

Dentons

Israel Cleared To Implement FATCA And Report On U.S. Persons

United States Tax

D

Dentons

Taxpayers Putting Pressure On Courts to Establish The IRS's Burden Of Proof In Offshore Disclosure Cases

United States Tax

D

Dentons

Treasury And Other Agencies Issue Guidance To Banks On Correspondent Accounts

United States Wealth Mgt

B

BakerHostetler

IRS Updates FATCA FAQs

United States Tax

MW

McDermott Will & Emery

Offshore Voluntary Disclosure Update

United States Wealth Mgt

MW

McDermott Will & Emery

The Streamline Program Turns Two

United States Tax

D

Dentons

FBAR: 2015 Reports Due By June 30, 2016

United States Commercial

FH

Foley Hoag LLP

Finance Bill 2016: Criminal Offences And Civil Sanctions

United States Tax

HL

Hogan Lovells Cadwalader

In Wake Of Panama Papers Scandal Obama Calls For Stricter Bank Regulations, Tax Rules

United States Finance

SM

Sheppard, Mullin, Richter & Hampton LLP

IRS/DOJ Summons Seeks To Break Singapore Bank Secrecy On Non-Resident's Account

United States Tax

CD

Caplin & Drysdale

What's Professional, Doc?

United States Insurance

HK

Holland & Knight

California Court Answers The Question: When Do California’s Laws Prohibiting Consideration Of Arrests Protect Remote Workers?

United States Employment

LM

Littler Mendelson

Sanctions Update: August 10, 2026

Worldwide International

SJ

Steptoe LLP

Understanding Louisiana’s New Workplace Violence Law: Behind The Counter

United States Employment

SS

Seyfarth Shaw LLP

Virtual & Digital Health Digest

Worldwide Healthcare

AP

Arnold & Porter

IRS Remains Focused On Off Shore Tax Enforcement

On January 27, 2016, the US Department of Justice announced that it had signed the final non-prosecution agreement with a Category 2 Swiss bank.

United States Tax

AO

A&O Shearman

Global Tax Enforcement in 2016: What You Need To Know

The investigation and prosecution of tax evasion has, in the last decade, grown from a specialized subcategory of law enforcement into a first-tier policy concern for the global community.

United States Tax

B

BakerHostetler

US District Court Grants "John Doe" Summonses For Information Related To Off-Shore Accounts In Belize

These summonses permit the IRS to seek records of the Belize Banks' correspondent accounts at Bank of America, N.A. and Citibank, N.A.

United States Tax

AO

A&O Shearman

IRS Seeks Identities Of Americans With Undisclosed Belize Bank Accounts

Americans with secret accounts in Belize should take notice: the government is looking for you.

United States Wealth Mgt

FL

Foley & Lardner

Foreign Account Tax Compliance Act ("FATCA")

United States Tax

O

OIL

Recent IRS Policy Shift Requires Taxpayers To Reevaluate Decisions Made As To Previously Undisclosed Offshore Accounts And Assets

United States Tax

WL

Withers LLP

U.S. Nets Seven Financial Institutions Through Its Swiss Bank Program. Is Julius Baer Next?

United States Tax

HK

Holland & Knight

Renunciation Of US Citizenship Is On The Rise

United States Tax

MP

Moodys Private Client Law LLP

Taxpayer Advocate Recommends Ways For IRS To Simplify Foreign Asset Reporting

United States Tax

B

BakerHostetler

BSI Account Holders Now Face 50 Percent Penalty On All Undisclosed Offshore Accounts

United States Tax

HK

Holland & Knight

The Five "W’s" Of The Report Of Foreign Bank And Financial Accounts (FBAR)

United States Tax

CB

Collins Barrow National Incorporated

New York Restaurateur Pleads Guilty To Hiding Money In Swiss Accounts

United States Tax

B

BakerHostetler

California Physician Pleads Guilty To Failing To File FBAR For Bank Leumi Account

United States Tax

B

BakerHostetler

IRS Clarifies Requirements For Establishing Non-Willful Conduct In Offshore Disclosure Cases

United States Tax

MW

McDermott Will & Emery

The Five "W’s" Of The Report Of Foreign Bank And Financial Accounts (FBAR)

The U.S. Bank Secrecy Act (BSA), passed by Congress in 1970, gave the Department of Treasury the authority to collect information from U.S. persons...

United States Tax

CB

Collins Barrow National Incorporated

New York Restaurateur Pleads Guilty To Hiding Money In Swiss Accounts

Georges Briguet, the owner of New York restaurant Le Perigord, pleaded guilty to one count of corruptly endeavoring to obstruct the IRS by concealing the existence of his Swiss bank accounts.

United States Tax

B

BakerHostetler

California Physician Pleads Guilty To Failing To File FBAR For Bank Leumi Account

Baruch Fogel, a California doctor, pleaded guilty in the U.S. District Court for the Central District of California to one count of willful failure to report the existence of a foreign bank account on a FBAR.

United States Tax

B

BakerHostetler

IRS Clarifies Requirements For Establishing Non-Willful Conduct In Offshore Disclosure Cases

Voluntary disclosure programs exist for taxpayers that are not in compliance with their tax and information reporting obligations with respect to foreign bank accounts and assets.

United States Tax

MW

McDermott Will & Emery

Bank Leumi Agreement With Department Of Justice Results In Disclosure Of Identities Of 1,500 U.S. Account Holders

United States Finance

DM

Duane Morris LLP

New Hampshire Man Pleads Guilty Regarding Accounts In Switzerland, Israel, And Jersey

Menashe Cohen pleaded guilty to one count of filing a false income tax return for failing to report the existence of his Swiss and Israeli bank accounts.

United States Tax

B

BakerHostetler

Updated IRS Streamlined Filing Pogram: Snowbirds Beware

On October 8, 2014, the IRS issued FAQs clarifying its amnesty programs for non-compliant taxpayers who want to catch-up on their U.S. tax filing obligations.

United States Tax

MP

Moodys Private Client Law LLP

Stop Press: New Guidance From The IRS Relating To The Streamlined And Information Procedures

Recently the IRS released much-anticipated additional guidance in relation to the OVDP and related programs.

United States Tax

WL

Withers LLP

Forensic Accountant And Certified Fraud Examiner Pleads Guilty To Concealing UBS Account

Howard Bloomberg, a certified fraud examiner, pleaded guilty to one count of failure to file an FBAR reporting his interest in a bank account at UBS in Switzerland.

United States Tax

B

BakerHostetler

Streamlined And OVDP Update

United States Tax

CB

Collins Barrow National Incorporated

American Pleads Guilty To Hiding Money In Swiss Bank, Moving Money To Israeli Bank After UBS Scandal

United States Tax

B

BakerHostetler

IRS Eases Rules For Participation In Taxpayer Amnesty Program

United States Tax

FK

Frankfurt Kurnit Klein & Selz

Streamlined OVDP Expanded To Resident US Taxpayers

United States Tax

AO

A&O Shearman

The 2014 IRS Offshore Voluntary Disclosure Program And New Streamlined Filing Procedures

United States Tax

DM

Duane Morris LLP

IRS Expands And Updates OVDP

United States Tax

GT

Grant Thornton LLP

Offshore Tax Enforcement Update: IRS Unveils Major Changes To Voluntary Disclosure Program

United States Tax

BR

Blank Rome LLP

New IRS Offshore Disclosure Program Announced

United States Tax

B

BakerHostetler

IRS Announces Changes To The Offshore Voluntary Disclosure Program

United States Tax

PB

Patterson Belknap Webb & Tyler LLP

Monday, June 30th Is The Deadline For Foreign Bank Account Reporting To IRS

United States Tax

KT

Kilpatrick Townsend & Stockton LLP

IRS Announces Major Changes To Offshore Voluntary Disclosure Program

United States Tax

DM

Duane Morris LLP

IRS Announces Major Changes To OVDP

United States Tax

B

BakerHostetler

IRS Changes The Streamlined Filing Compliance Procedures And Offshore Voluntary Disclosure Program (OVDP)

United States Tax

HK

Holland & Knight

IRS Changes Offshore Voluntary Disclosure Program And Streamlined Filing Compliance Procedures For Undisclosed Foreign Accounts

United States Tax

DP

Day Pitney LLP

June 30 Deadline Approaches For Mandatory E-File FBAR Reporting

United States Tax

MW

McDermott Will & Emery

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