IRS announces major changes to offshore voluntary disclosure programme

By Laura Gavioli

The Internal Revenue Service (IRS) has announced sweeping changes to its existing voluntary disclosure programme for unreported offshore accounts, making a number of welcome adjustments to its streamlined procedures for non-residents of the US and expanding these procedures to US taxpayers for the first time.

The details have just been released, but the IRS describes the major changes to the streamlined procedures thusly.

The changes announced make key expansions in the streamlined procedures to accommodate a wider group of US taxpayers who have unreported foreign financial accounts…

Click on the link below to read the rest of the Dentons briefing.

Sign in or Register to continue reading this article

Sign in


It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer


Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.


Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.


Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Analysis from The Lawyer

View more analysis from The Lawyer


1 Fleet Place

Qualified lawyers: 51
Partners: 12
Offices: 4

(International Top 50)