November 13, 2013
IRS Reminds Those with Foreign Assets of U.S. Tax Obligations – Filing Deadline June 2013. Click here for more information.
MESSAGE FROM THE INTERNAL REVENUE SERVICE:
On July 19, 2013, the IRS launched a redesigned and updated web page to help financial institutions and foreign governments comply with the Foreign Account Tax Compliant Act.
On Oct. 2, 2012, the IRS implemented clarifying changes to its temporary procedures for issuing ITINs for noncitizens with tax extensions and many foreign students.
The Treasury Inspector General for Tax Administration (TIGTA) is responsible for oversight of IRS activities and for maintaining integrity in the U.S. Federal tax system. Fraud, waste, and abuse in Federal tax administration are unfair to all U.S. taxpayers and can take a variety of forms. TIGTA’s oversight includes targeted audits, programmatic inspections and evaluations, and both criminal and administrative investigations of potential fraud, waste, and abuse. Examples include:
Please report any information that you may have related to potential fraud, waste, and abuse to the TIGTA Hotline.
U.S. Treasury's Office of Foreign Assets Control: The Office of Foreign Assets Control of the U.S. Department of the Treasury administers and enforces economic and trade sanctions against targeted foreign countries, terrorism sponsoring organizations and international narcotics traffickers based on U.S. foreign policy and national security goals. OFAC acts under Presidential wartime and national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze foreign assets under U.S. jurisdiction. Many of the sanctions are based on United Nations and other international mandates, are multilateral in scope, and involve close cooperation with allied governments.
Federal Aviation Administration (FAA): International Aviation Safety Assessment Program