IRS To End Offshore Voluntary Disclosure Program – Tax


by Mike Godfrey, Tax-News.com, Washington

14 March 2018

The Internal Revenue Service has announced plans to close the 2014 Offshore Voluntary Disclosure Program (OVDP) from September 28, 2018.

By alerting taxpayers in advance, the IRS intends that any US taxpayers with undisclosed foreign financial assets have time to use the OVDP before the program closes.

“Taxpayers have had several years to come into

FULL ARTICLE https://www.tax-news.com/news/IRS_To_End_Offshore_Voluntary_Disclosure_Program____76554.html

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