Irs Offers Carrot And Stick For Offshore Disclosures

Like the old McDonald's sign announcing how many billion hamburgers it has served, the IRS has announced a milestone: It has raked in more than $5 billion in offshore disclosures. That's a lot of hamburgers. U.S. citizens and permanent residents must report their worldwide income, even if it's taxed somewhere else.

Topics:  mcdonald   irs   rules   offshore disclosures   billion   hamburgers   

 

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