Page 21 - Disclosure Program News Today

The Court ruled that a disclosure package submitted to IRS adequately disclosed transfer of company and related foreign accounts.

Indonesia's Minister of Finance Sri Mulyani affirmed that the direction of tax policy in 2024 will be optimized through the core tax system. "The ...

While Taxpayers may be required to file many different types of international information reporting forms each year in order to report their foreign…

Foreign Account Reporting When it comes to getting into international tax compliance with the IRS for previously undisclosed foreign accounts, assets…

On March 19th, 2023, UBS Group announced it had agreed to buy its beleaguered rival Credit Suisse. However, mere days later a Senate Finance report has revealed that despite Credit Suisse's 2014...

Since 2007, IRS Whistleblower Program paid over $1 billion to whistleblowers for the collection of billions in back taxes, interest, penalties, criminal fines. IRSs whistleblower payouts have decreased due to processing delays the average time to process a whistleblower case is over eleven years

/PRNewswire/ -- According to a Department of Justice press release, a Florida man was recently sentenced to serve two years in federal prison after being...

Department of Justice DOJ is updating corporate prosecution, compliance program evaluation, voluntary disclosure policies. Deputy Attorney General Lisa Monaco, Assistant Attorney General Kenneth Polite, Jr. shared new Evaluation of Corporate Compliance Program policies.

The U.S. Department of Justice (“DOJ”) remains busy updating its policies relating to corporate prosecutions, evaluations of compliance programs, and voluntary disclosures. In a pair of...

Tax season is upon us again, and many Taxpayers will learn for the first time (or as their annual reminder) that they have unreported foreign…