Maldives Tax Lawyer
PROTECTING THE RIGHTS OF U.S. TAXPAYERS WHO HAVE FOREIGN ACCOUNTS OR BUSINESSES IN THE MALDIVES
Thorn Law Group is comprised of experienced tax lawyers who are committed to assisting individuals and businesses with complex tax law controversies. If you currently have any foreign accounts or run a business in the Maldives, our legal team can protect your rights and help you avoid serious IRS penalties. Turn to a Maldives tax lawyer at Thorn Law Group for assistance with IRS audits, IRS litigation, offshore bank account reporting, criminal investigations, collections and other complex tax law matters.
WE WORK DILIGENTLY TO PREVENT YOU FROM INCURRING SEVERE IRS PENALTIES
Anyone who is required to pay taxes in the United States and has offshore accounts in the Maldives, runs a business offshore or has foreign-sourced income earnings must declare the value of their accounts if the total of all accounts combined exceeds $10,000 at any point during a calendar year. The requirement is part of the IRS’ Foreign Bank and Financial Accounts Program (FBAR). Those who fail to comply run the risk of incurring severe tax penalties, including expensive fines and even (potentially) criminal charges.
Unfortunately, not all taxpayers with foreign accounts are aware of their responsibilities in disclosing their assets. Even those that do may make a small error on their asset reporting documents, which can still lead them to become the subject of an IRS investigation. Fortunately, a Maldives tax lawyer at Thorn Law Group can provide taxpayers with the experienced legal counsel necessary to avoid these tax-related repercussions.
Hello, my name is Kevin E. Thorn, Managing Partner at Thorn Law Group. I am also a former attorney for the IRS and the United States Tax Court. My time working for the U.S. government led me to gain invaluable inside knowledge into the strategies the IRS uses to investigate foreign accounts, which I now use to help my clients avoid serious tax-related penalties. The Thorn Law Group team has already helped hundreds of taxpayers save millions of dollars as well as helped them avoid civil and criminal charges. Let us do the same for you.
Our firm provides superior legal counsel for a wide range of domestic and international tax matters, such as:
- Foreign Accounts Tax Compliance Act (FATCA)
- Foreign Corrupt Practices Act
- International Banking Law
- International Estate Planning
- International Litigation
- International Tax Disputes
- International Tax Planning
- International Trusts
- Offshore Account/Foreign Bank Account Reporting
- Repatriation of Income
- Residency & Source of Income Disputes
- Tax Evasion
- Tax Penalty Relief
- Voluntary Disclosure
CONTACT A MALDIVES TAX LAWYER TODAY FOR A CONSULTATION
Thorn Law Group is committed to protecting the rights of U.S. taxpayers who have foreign accounts or run a business in the Maldives. We aim to substantially reduce – or even eliminate – your tax burden quickly and confidentially. To discuss your individual case, contact Managing Partner Kevin E. Thorn today for a consultation.