Government sources have commented that a category-based “John Doe” type request has been made with the Liechtenstein Fiscal Authority before the expiration of the April 30 deadline. What we have been told is that the request seeks the records of eight Liechtenstein fiduciary firms.
Those individuals with such Liechtenstein Foundations should consider contacting a voluntary disclosure attorney as soon as possible to determine what action if any needs to be taken.
The attorneys at Thorn Law Group have experience in assisting U.S. taxpayers into compliance through the IRS Amnesty Program. If you have an undisclosed offshore account contact Thorn Law Group now before it's too late!