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Taxation & Estate Planning

: TaxProf Blog

IRS Offers Amnesty to Those Who Evaded Tax Through Offshore Accounts

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The IRS today announced reduced penalties for individuals who have evaded U.S. taxes though offshore accounts. The IRS will waive criminal prosecution for taxpayers who come forward over the next six months and pay back taxes, interest, and reduced penalties...

Full post as published by TaxProf Blog on March 26, 2009 (boomark / email).

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