After US$4.4 billion haul, IRS revives voluntary disclosure plan

11 January 2012 | 1 minute read

The Internal Revenue Service (IRS) has sounded yet another warning bell for all US citizens who have offshore assets which may be liable to US taxation. After the success of OVDI I&II which is believed to have garnered US$4.4 billion in back-taxes and fines, the IRS has revived its amnesty or “voluntary disclosure” scheme. Under the scheme, non-compliant US citizens…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]