News & Analysis as of

Voluntary Disclosure Immunity

Allen Barron, Inc.

Is it Too Late to Correct Past FBARs and File Amended Returns with the IRS?

Allen Barron, Inc. on

Is it too late to correct past FBARs and file amended returns with the IRS? The net is closing in on U.S. taxpayers with unreported or under-reported domestic and offshore income and assets. The IRS has increased audits in...more

Cranfill Sumner LLP

The Department of Justice Unveils Groundbreaking Pilot Program: Incentivizing Whistleblowers with Immunity

Cranfill Sumner LLP on

On April 15, 2024, the Department of Justice (“DOJ”) released an internal memo introducing a Pilot Program on Voluntary Disclosures intended to encourage individuals – from executives to lower-level employees – to report...more

McAfee & Taft

New Oklahoma law to provide strong incentives for voluntary EHS self-audits and corrective measures

McAfee & Taft on

On April 29, 2019, Oklahoma Governor Kevin Stitt signed into law Senate Bill 1003, creating the Oklahoma Environmental, Health and Safety Audit Privilege Act. Once the Act becomes effective on November 1, 2019, the Act will...more

McDermott Will & Emery

Ad hoc Local Leniency Application Makes the Difference: The Italian Council of State Upholds the Administrative Court of Lazio...

McDermott Will & Emery on

On 20 October 2016, the Italian Council of State (the “Council of State”) upheld the judgment of the Administrative Court of Lazio (“TAR”) on the cartel in the sector of international road freight forwarding to and from Italy...more

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