The Offshore Voluntary Disclosure Program (OVDP) is a voluntary disclosure program specifically designed for taxpayers with exposure to potential criminal liability and/or substantial civil penalties due to a willful failure to report foreign financial assets and pay all tax due in respect of those assets. OVDP is designed to provide to taxpayers with such exposure (1) protection from criminal liability and (2) terms for resolving their civil tax and penalty obligations
BENEFITS
Earn 2 CPE credits in Taxation.
HIGHLIGHTS
Learn how to advise non-resident aliens and foreign owned U.S. entities on U.S. tax filing rules and compliance. Learn which forms must be filed, withholdings on payments to non-resident aliens and foreign entities, sale of U.S. real property by non-resident aliens, and considerations for departing aliens.
COURSE LEVEL
Intermediate
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
$15 late fee after 12/15/15 - Season Pass holders must register for each event.