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2012 June 26 – Rubin

 
Richard Rubin
IRS says offshore tax disclosures have yielded $5 billion
Bloomberg (26 June 2012)

http://www.bloomberg.com/news/2012-06-26/irs-says-offshore-tax-disclosures-have-yielded-5-billion.html

This article covers U.S. announcement of additional new procedures for extraterritorials subject to their taxation, and updates the total amount brought in under the OVDI programs to $5 billion (based on “almost 35,000 disclosures”). IRS Commissioner Douglas Shulman wants people to “get back in the system in a seamless way,” and he mentions a “broader goal [of upping] the risk calculus for the next generation of taxpayers.”
 

Written by usxcanada

26 June 2012 at 6:00 am

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