The USA Internal Revenue Service today reopened the offshore voluntary disclosure program to help people hiding offshore accounts get current with their taxes and announced the collection of more than $4.4 billion so far from the two previous international programs.
Full details from the IRS can be found in their Press Release here:
IRS Offshore Programs Produce $4.4 Billion to Date for Nation’s Taxpayers; Offshore Voluntary Disclosure Program Reopens
Tags: 27.5%, DISCLOSURE, IRS, LEA, New, Offshore, PENALTY, PROGRAM, USA, VOLUNTARY