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Guidance of FATCA Tax in Singapore

Hire the US Tax Singapore professional to understand the FATCA Tax Singapore Laws, tax obligations and FATCA Penalties. Our tax advisory help you to file the FATCA Tax Bank Reporting by submit all the financial statements documents and forms. @ http://advancedamericantax.com/fatca-tax-law-banks-singapore/

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Guidance of FATCA Tax in Singapore

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  1. Guidance of FATCA Tax in Singapore Visit us:- http://advancedamericantax.com/fatca-tax- law-banks-singapore/

  2.  If you are still trying hard to understand your legal obligations as well as liabilities for foreign-account reporting, you’re not alone in this challenge. The implementation of the Foreign Account Tax Compliance Act (FATCA) Singapore has greatly added a set of ‘hard-to-decode’ complexities to an already existed set of tax disclosure requirements. Intended purposely to combat tax evasion and increase tax transparency for the US Internal Revenue Service (IRS), the provision to FATCA brings many new regulations and reporting standards to compliance, which need the assistance of a skilled tax specialist.  FATCA compliance and its regulations are no small thing to be ignored. Also, one thing is needed to be noted here that its non-compliance in Singapore could result in grave consequences which may bother you to the cost of fortune.  By having the experienced guidance of tax professionals as your FATAC counsel, probably you will not see such a bad phase in your life ever. The in-depth knowledge and practical skills of such professionals can help you to the great extent in meeting your FATCA compliance in Singapore and other tax obligations. Visit us:- http://advancedamericantax.com/fatca-tax- law-banks-singapore/

  3. How An Experienced FATCA Tax Counsel Can Help You? US taxpayers living or working in Singapore temporarily or permanently have an array of tax obligations as well as concerns that need to be satisfied professionally. To keep the tax penalties as well as issues at bay, you need professionals to help to tackle your FATCA tax Singapore concerns from the scratch. These FATCA tax counsel professionals are well-versed in providing skilled guidance on all aspects of FATCA, including:  Filing FBAR  Form 8938- FATCA law Singapore  Tax obligations for overseas US taxpayers Visit us:- http://advancedamericantax.com/fatca-tax- law-banks-singapore/

  4. Filing FBAR  FBAR filing requirement is annoying, an unnecessary breach of privacy, and believe it or not, the obligations are far more complicated than the first time filer would have ever imagined.  FBAR is the Foreign Bank Account Reporting, also known as FinCEN form 114. An individual or an entity is required to file an FBAR if they have a financial interest in or signature authority over at least one type of foreign financial account that exceeds an aggregate value of $10,000 at any time during the year.  However, FBAR reporting is not only limited to foreign bank accounts, but also includes pensions and life insurance policies. Visit us:- http://advancedamericantax.com/fatca-tax- law-banks-singapore/

  5. Form 8938  FATCA law Singapore requires certain taxpayers, corporations, partnerships, and trusts to disclose their financial assets that are held outside of the US.  They are required to report their holding of those assets to the Internal Revenue Service (IRS) on Form 8938, Statement of Specified Foreign Financial Assets.  However, the requirement to file form 8938 is an addition to the FinCEN Form 114, and does not replace or otherwise affect a taxpayer’s obligation to file form 114 (FBAR, now officially known as Report of Foreign Bank and Financial Accounts). Visit us:- http://advancedamericantax.com/fatca-tax- law-banks-singapore/

  6. Tax obligations for overseas US taxpayers  Working overseas can be an exciting experience, but it also takes careful thought and planning to keep it rewarding and enjoyable.  Most expats and others living overseas have tax responsibilities and complexities that they must understand and are required to overcome timely with no blunder.  Unfortunately, the penalties for a failure to comply with tax payment, filing, or return as an overseas taxpayer is severe.  Therefore, it becomes prudent to work with an experienced FATCA tax expert who is well-acquainted with the international tax laws and issues faced by an expatriate or Americans living overseas. Visit us:- http://advancedamericantax.com/fatca-tax- law-banks-singapore/

  7. Contact Us  Address:- #25-00, Samsung Hub, 3 Church St, Singapore 049483  Phone No: +65 9720 1040  Email Us: Help@AdvancedAmericanTax.com

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