STEP Bahamas’ June luncheon will take place on June 24th; 12:30pm at Superclubs Breezes.
Mr. Jack Brister, Director of Tax & International Private Client Services of ERE LLP Accountants will address us on: - "What Impact will the Recent U.S. Voluntary Disclosure Program Have on the Proposed Stop Tax Haven Abuse Act?"
What IFCs need to know about the new U.S. voluntary disclosure program and how it will affect their practice and their clients.
Updates on the Stop Tax Haven Abuse Act, and how the VDP will impact possible legislation.
Some of the topics to be discussed are the disclosure program requirements, recent IRS comments regarding formal disclosures v. quite disclosures, the U.S. tax authorities’ view regarding criminal prosecution of program applicants and their application of penalties for voluntary disclosures.
STEP June Luncheon