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IRS to End Offshore Voluntary Disclosure Program; Taxpayers with Undisclosed Foreign Assets Urged to Come Forward Now

The IRS will close the Offshore Voluntary Disclosure Program (OVDP)on Sept. 28. U.S. taxpayers with undisclosed foreign financial assets can use the OVDP until the program closes.
A separate program, the Streamlined Filing Compliance Procedures, for taxpayers will continue.

 

 

Author crubenackerPosted on 28 March, 2018Categories Blog, expats, FATCA, taxes

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