Share Share on Facebook Share on Twitter Email In brief On 28 September 2020, the Treasury Inspector General for Tax Administration published the Final Audit Report (“Report“). The Report was originally initiated to determine the effectiveness of the IRS efforts in ensuring compliance with the expatriation tax provisions under sections 887 and 877A, and related efforts to reduce taxpayer’s burden. Contents Based on the conclusions of the Report, the system lacks a centralized compliance effort aimed at enforcing the expatriate rules. Read the full alert in the North America Tax and News Development Newsletter. Author Ida Varshavsky Ida Varshavsky is an associate in Baker McKenzie's Tax and Global Wealth Management practice groups in Zurich. Author Jonathan Gomer Related Posts Venezuela: Legal Myths and Realities About Family Businesses March 24, 2023 US vs EU in the Battle for Clean Hydrogen Investment (Webinar) March 24, 2023 Canada Imposes Additional Sanctions Against Russia: Prohibition on Steel and Aluminum Imports March 23, 2023
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