IRS Reopens Offshore Voluntary Disclosure Program

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Thursday, March 1, 2012
Author: 
Bruce Zagaris
Volume: 
28
Issue: 
3
Abstract: 

 

   On January 9th, the Internal Revenue Service issued a press release on the reopening of the Offshore Voluntary Disclosure Program (OVDP).[1] Unlike the previous two programs, the new initiative will be open indefinitely.