Tag Archives: OVDP PAYMENT ISSUES

OVDP: WHAT HAPPENS IF THE TAXPAYER CANNOT RAISE THE FULL REQUIRED PAYMENT UNDER FAQ 25?

FAQ 25 lists the OVDP submission requirements and insofar as payment goes, provides: Payment to the Department of Treasury in the total amount of tax, interest, offshore penalty, accuracy-related penalty, and, if applicable, the failure-to-file and failure-to-pay penalties, for the … Continue reading

Posted in 2014 OVDP, OFFSHORE VOLUNTARY DISCLOSURE PROGRAM | Tagged , , , | Leave a comment