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Potential Tax penalties for Expats

3 pointsby CHsurferabout 13 years ago

1 comment

CHsurferabout 13 years ago
Normally, tax penalties are based on any revenue not declared. But in this case, it's based on the value of the assets and the penalties are huge and cumulative.<p>I have always understood that the punishment should fit the crime, but here it the disconnect can be huge.