IRS, Dubai & Singapore – Next up for Criminal Offshore Investigations

IRS, Dubai & Singapore – Next up for Criminal Offshore Investigations (Golding & Golding) IRS, Dubai & Singapore (2019) – Next up for Criminal Offshore Investigations IRS, Dubai (UAE) and Singapore (2019): The IRS may now turn its focus on non-compliance of tax & reporting of accounts, assets, and income in the UAE and Singapore. Due to expansive non-compliance of offshore tax and criminal tax activity in the UAE and Singapore, the IRS is considering expanding its presence, and allocating already limited resources to these countries. As reported in Bloomberg Tax: “They are ripe for U.S. presence. They’re a hub for international activity, and we can make a big impact there saving U.S. taxpayer dollars,” said R. Damon Rowe, director of international operations at CI. Why is the IRS going after Dubai? Dubai is a great place to conduct business.  We represent numerous clients in Dubai, and when it come to the Dubai, there are a…

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