The IRS currently offers the following five programs for noncompliant taxpayers: (i) the Offshore Voluntary Disclosure Program (OVDP), (ii) Streamlined Domestic Offshore Procedures, (iii) Streamlined Foreign Offshore...more
12/24/2016
/ Bad Boy Liability ,
Criminal Conspiracy ,
Criminal Investigations ,
Delinquent Filer Voluntary Compliance ,
Expatriates ,
False-Certification of Conformance ,
FATCA ,
FBAR ,
Foreign Financial Accounts ,
Foreign Financial Institutions (FFI) ,
Guilty Pleas ,
International Consortium of Investigative Journalists (ICIJ) ,
IRS ,
OVDP ,
Panama Papers ,
Swiss Banks ,
Tax Evasion ,
Tax Fraud ,
Tax Penalties ,
Whistleblowers
In a move that was likely celebrated by United States governmental officials, Swiss banking secrecy eroded even further on Thursday, March 6, 2014. This is the day that parliament voted to provide foreign tax authorities with...more
Today, February 26, 2014, the Senate Permanent Subcommittee on Investigations will hold a hearing on offshore tax evasion titled “Offshore Tax Evasion: The Effort to Collect Unpaid Taxes on Billions in Hidden Offshore...more