White Paper

3 Pages
  • 3 Pages

Form 5472 International Tax Evasion & Money Laundering

 

Accounting complexities bode dangerous for foreign investors.

Prior to 2017, foreign investors used a 2-tier investment approach for US source assets. They would obtain a single member US LLC, which invested as a 25% foreign shareholder of a US corporation which made US investments to purchase US assets. This white paper reviews how investors were able to hide their ownership and the tax compliance penalties involved.

Agenda

Faculty

Gary S. Wolfe

The Wolfe Law Group

Our author, Gary S. Wolfe, has more than 34 years of experience, specializing in IRS Tax Audits and International Tax Planning/Tax Compliance, and International Asset Protection.

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