Americans of Indian Descent meet IRS over OVDI


The Indian Americans under the National Indian American Coordinating Council held a meeting with the IRS to express their concerns over the Offshore Voluntary Disclosure Initiative (OVDI) that allows a limited amnesty to taxpayers having undeclared overseas assets to step forward to declare their assets before August 31 this year. A delegation of Indian Americans was led by Dr. Thomas Abraham, Founder, President and Chairman Emeritus of Global Organization of People of Indian Origin (GOPIO), and also included Mr. Lal Motwani, President of the National Federation of Indian American Associations (NFIA), Mr. Shailesh Patel, Director at Large of Asian American Hotel Owners Association (AAHOA) and Dr. Maya Chadda of GOPIO and Council on Foreign Relations.

The IRS was represented by Ms. Rosemary Sereti, Director of International Individual Tax Compliance, Attorney Advisors to Deputy Commissioner Ms. Jennifer Beth and Mr. David Vorley, and Legislative Counsel Suzanne R. Sinno of the Office of the Legislative Affairs.

At the meeting with the IRS, the group representing the Indian Americans disclosed several issues...

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