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Can the IRS take money from an international bank account?
Yes, the IRS can levy international bank accounts in many cases, particularly when the foreign bank has a branch or office inside the United States. If you owe back taxes and have moved money overseas, don't assume it's out of reach. Understanding how the IRS enforces across borders is critical, and working with an international tax attorney can help you protect your assets before the IRS acts.
Do you have to pay taxes on offshore gambling winnings?
U.S. citizens owe federal income tax on gambling winnings no matter where the gambling takes place, whether it's an online poker site hosted overseas, a foreign casino, or a sports betting platform in another country. If those winnings end up in a foreign bank account, additional reporting obligations like FBAR and FATCA may also apply, and the penalties for non-compliance are significant.