Dr. Charles Lieber – Wuhan University of Technology
Dr. Charles Lieber was found guilty of concealing his affiliation with the Wuhan University of…
Michael NelsonMay 23, 2023
U.S Treasury Sanctions Lazarus Group in virtual currency heist, largest theft to date
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned virtual currency…
Michael NelsonSeptember 14, 2022
Jury Convicts Southern Illinois University-Carbondale Professor of Concealing Foreign Bank Account from the Internal Revenue Service
Jury Convicts Southern Illinois University-Carbondale Professor of Concealing Foreign Bank Account from the Internal Revenue…
Michael NelsonSeptember 14, 2022
FBAR now has a close cousin named CTA
Foreign Bank Account Reporting, commonly known as FBAR now has a close cousin named CTA.…
Michael NelsonMarch 1, 2022
Recently enacted legislation termed “CTA” that may affect your tax planning
Recently enacted legislation termed “CTA” may affect your tax planning. The recently enacted legislation is…
Michael NelsonFebruary 18, 2022
New Panama laws for declaration of the ultimate Beneficial Owners
If you have not learned from the Panama Papers debacle, then listen up to the…
Michael NelsonFebruary 1, 2022
Warning to Individuals with Malta Personal Retirements
The IRS has now issued their opinion on their understanding of the meaning of pension…
Michael NelsonDecember 23, 2021
Potentially abusive use of the US-Malta tax treaty
Some U.S. citizens and residents are relying on an interpretation of the U.S.-Malta Income Tax…
Michael NelsonJuly 1, 2021
FinCEN Report to U.S. Senate’s Committee on Banking, Housing and Urban Affairs.
United States Senate on May 2019 Issue: Eliminating anonymous shell corporations by collecting beneficial ownership…
Michael NelsonJune 30, 2021
U.S. Treasury’s Financial Crimes Enforcement Network, FinCEN.
COVID-19 FRAUD: Federal Bureau of Investigation The Federal Bureau of Investigation and the Small Business Administration…
Michael NelsonJune 30, 2021
About Us
Michael B. Nelson
The Law Office Of Michael B. Nelson, Inc. Continues To Assist Foreign Financial Institutions, FFI, And Their Customers Who Fall Under The Rules Of The Foreign Account Tax Compliance Act, FATCA; Additionally Providing Guidance Concerning The Treatment Of Financial Institutions Located In Jurisdictions That Have Signed Intergovernmental Agreements For The Implementation Of FATCA (IGAs) But Have Not Yet Brought Those IGAs Into Force.