Serbinski Accounting Firms

Thanks Tsanaha for yours advices, It all make senses but it looks like in OVDI sense doesn't seem to matter. Opt-out will mean full examinations(likely 6 years because of FBAR) and potentially bigger penalty depending how successful one is for getting none willful negligence. It looks like the "...

Through my attorney I was contacted around end of October. The examiner told us that cases with RRSP were to go to Washington regarding tax on income from these accounts. The examiner came back to me on Tuesday this week stating that I have to include those incomes. That's all I got from him for now...

I have included f8891 with deferral tax election but no 9100 relief.

No i have not signed anything yet. The examiner wants the RRSP statements to calculate additional tax on top of the 25% penalty. Those statements are all in french (the bank won't reemit english one). It is a mess.

I will contact TAS tomorrow.

Thanks for your advices

I mean the income for the accounts: interest, dividends, realized capital gains.

:?: Hi Tsahana, Just got back from OVDI examiner. My case is very similar to yours. Althought I never withdraw or added to my RRSP I am in for the penalty(25%) and income taxe on distributions for the last 8 years. That comes from higher authority in Washington. That is not a rumor. Not too happy :x