Offshore Voluntary Disclosure Program (OVDP) closing in September 2018
Offshore Voluntary Disclosure Program (OVDP) closing in September 2018
By way of background, the Offshore Voluntary Disclosure Program (OVDP) is a voluntary disclosure program specifically designated for taxpayers with exposure to potential criminal liability and / or substantial civil penalties. The OVDP has been designated to provide protection from the aforementioned liability and penalties to those taxpayers whose failure to report income, pay tax or submit…
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