IRS - Offshore Voluntary Disclosure Program to End




March 2018

IRS - Client Alert
The Internal Revenue Service announced it will begin to ramp down the 2014 Offshore Voluntary Disclosure Program (OVDP) and close the program on Sept. 28, 2018. By alerting taxpayers now, the IRS intends that any U.S. taxpayers with undisclosed foreign financial assets have time to use the OVDP before the program closes.

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Have a great day!
Your Global Mobility Tax Team