I.R.S. Issues Revised Voluntary Disclosure Rules

IMPORTANT: The full content of this page is available to premium users only.

Saturday, December 8, 2018
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
12
Abstract: 

On November 20, 2018, the Internal Revenue Service issued a memorandum, setting forth guidance for processing all voluntary disclosures (domestic and offshore) (hereafter Voluntary Disclosure Practice (VCP) procedures following the closing of the Offshore Voluntary Disclosure Program (2014 OVDP) on September 28, 2018.