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Streamlined Filing Compliance Procedures Archive

Streamlined Filing Compliance Procedures: (New) How to Apply

TweetShareSharePin0 Shares Streamlined Filing Compliance Procedures Streamlined Filing Compliance Procedures Streamlined Filing Compliance Procedures (SFCP): Taxpayers with undisclosed offshore accounts, assets, investments and/or income who missed timely FBAR and FATCA reporting may benefit from the IRS Tax Amnesty Programs. The Streamlined Filing Compliance Procedures are one of the more popular offshore amnesty programs — due

Streamlined Filing Compliance Procedures: (New) Update 2021

TweetShareSharePin0 Shares   Streamlined Filing Compliance Procedures Streamlined Filing Compliance Procedures Streamlined Filing Compliance Procedures (SFCP): IRS introduced the “stand-alone” Streamlined Filing Compliance Procedures in 2014. This was around the time foreign countries began entering into FATCA agreements (Foreign Account Tax Compliance Act) with the United States. As a result of FATCA (and enhanced FBAR
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