If you are identified by your bank as a US accountholder, then the bank is required to annually provide the IRS with your name and bank account details if the total value of your accounts exceed $50,000.
All accounts existing on or opened after January 1, 2014 are locked into this reporting requirement. The first reporting to the IRS of Dutch accounts is scheduled to occur in the summer of 2015.
OnestopTaxPrep has over 18 years of specialization in providing combined Dutch and U.S. tax preparation and consulting services. This specialization has assisted U.S. nationals living and / or working in The Netherlands and Dutch nationals living in the U.S.A.