The IRS recently announced that it would end the Offshore Voluntary Disclosure Program (OVDP). The OVDP is an amnesty program that tens of thousands of taxpayers have used since 2009 to report previously undisclosed foreign...more
The International Consortium of Investigative Journalists (ICIJ), collaborating with German newspaper Süddeutsche Zeitung, in spring 2016 began leaking approximately 11 million internal documents obtained without permission...more
8/11/2016
/ Banking Sector ,
FBAR ,
Financial Institutions ,
Foreign Trusts ,
Money Laundering ,
Mossack Fonseca ,
Offshore Funds ,
Panama Papers ,
Penalties ,
Popular ,
Shell Corporations ,
Tax Haven