Revenue from the Offshore Voluntary Disclosure Initiatives (OVDI), FBAR, and FATCA
Originally posted on William Byrnes' Tax, Wealth, and Risk Intelligence:
Disclosures and Amount Recovered Thus Far by OVDI from Non-Compliant Taxpayers On June 18, 2014, IRS Commissioner John Koskinen disclosed that the 2009, 2011, and ongoing 2012 OVDIs have generated more than 45,000 disclosures and the collection of about $6.5 billion in taxes, interest and…