-
Only one 25 percent offshore penalty will be applied with respect to voluntary disclosures relating to the same account.
FORBES: D��j�� vu--Yet Another IRS FBAR Voluntary Disclosure Initiative
-
And corporations know it, as the mounting number of voluntary disclosures clearly suggests.
FORBES: Citizens United: Are Shareholder Revolts in the Offing?
-
It seems likely to produce more account holders, some of whom may have been fence sitting about voluntary disclosures.
FORBES: Judge Gives IRS Access To More Accounts At UBS And Wegelin
-
The penalty may be allocated among the taxpayers with beneficial ownership making the voluntary disclosures in any way they choose.
FORBES: D��j�� vu--Yet Another IRS FBAR Voluntary Disclosure Initiative
-
Our data sources include voluntary disclosures by companies, Securities and Exchange Commission filing, and estimates from Forbes researchers and outside sources.
FORBES: America's Largest Private Companies 2012
-
Nevertheless, since that initiative ended, 3, 000 taxpayers have made voluntary disclosures and will now be eligible for this new deal, the IRS said.
FORBES: IRS Offers New Amnesty For Offshore Tax Cheats
-
The IRS could decide to establish a civil penalty framework for post Oct. 15 voluntary disclosures that, while not as favorable as the prior program, would still allow for some reduction in penalties.
FORBES: Expert View
-
Rather, because these programs provided both protection from criminal prosecution and a potentially favorable civil penalty structure, even taxpayers whose conduct did not evidence the willfulness necessary to support a criminal prosecution made voluntary disclosures to attain certainty regarding their civil exposure.
FORBES: What Does The Flap Over Romney's Tax Returns Suggest About Disclosure of His Swiss Account?
-
Security: Dr. Gropper believes there should Multiple Voluntary IDs (to limit aggregation) linked to centralized consent, transparent record locater services and accounting for disclosures.
FORBES: The 7 Habits of Highly Patient Centric Providers