thetaxtimes blogspot.com

The Tax Times

Friday, July 24, 2015. OVDP Penalty Increased To 50 For 34 Foreign Banks! The new revisions to the US offshore voluntary disclosure initiative, which we posted on 61814 . IRS Makes Changes to Offshore Programs; Revisions Ease Burden and Help More Taxpayers Come into Compliance. Now provides for and increased 50 FBAR Penalties for Willful Non-Disclosers. The complete list is as follows. Credit Suisse AG, Credit Suisse Fides, and Clariden Leu Ltd. BSI SA effective 33015. Societe Generale Privat.

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The Tax Times

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Friday, July 24, 2015. OVDP Penalty Increased To 50 For 34 Foreign Banks! The new revisions to the US offshore voluntary disclosure initiative, which we posted on 61814 . IRS Makes Changes to Offshore Programs; Revisions Ease Burden and Help More Taxpayers Come into Compliance. Now provides for and increased 50 FBAR Penalties for Willful Non-Disclosers. The complete list is as follows. Credit Suisse AG, Credit Suisse Fides, and Clariden Leu Ltd. BSI SA effective 33015. Societe Generale Privat.

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This web page thetaxtimes.blogspot.com states the following, "Friday, July 24, 2015." We saw that the webpage said " OVDP Penalty Increased To 50 For 34 Foreign Banks! The new revisions to the US offshore voluntary disclosure initiative, which we posted on 61814 ." It also said " IRS Makes Changes to Offshore Programs; Revisions Ease Burden and Help More Taxpayers Come into Compliance. Now provides for and increased 50 FBAR Penalties for Willful Non-Disclosers. The complete list is as follows. Credit Suisse AG, Credit Suisse Fides, and Clariden Leu Ltd."

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