International Tax Compliance
The U.S., in conjunction with other jurisdictions, has pledged to enhance transparency in sharing financial and tax information with other jurisdictions. As a result, taxpayers face a higher risk of audit or investigation. However, the U.S. has a well-established tradition of providing voluntary disclosure programs and initiatives to help taxpayers enter into compliance with U.S. tax laws.
The tax team at Concepción Global can advise clients in comprehending the existing programs, procedures, and initiatives, with the goal of helping clients minimizing any civil or criminal tax penalties.