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IRS Offers to Ease Penalties for Taxpayers Who Disclose Their Overseas Accounts in the Wake of the Department of Justice's Continuing Crackdown on the Use of Tax Havens



by Raymond Banoun
Cadwalader, Wickersham & Taft LLP - Washington Office

Stephanie J. Meltzer
Cadwalader, Wickersham & Taft LLP - New York Office

April 23, 2009

Previously published on April 14, 2009

Between the bailout and the economic stimulus, one thing is for certain - the U.S. government needs to re-fill its coffers and there is no better source of revenue than taxes.


 

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