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(Updated) OVDP Guide for Revised Offshore Disclosure Practices

(Updated) OVDP Guide for Revised Offshore Disclosure Practices The IRS has issued a memorandum detailing the updated voluntary disclosure procedures. We have summarized the process and procedures for you below) Updated IRS Disclosure Procedures The IRS has announced a new set of rules involving OVDP and the IRS Voluntary Disclosure practices.  While the general practice…