Here it is:
Canada: Do Not Get Out Of IRS’s Tax Amnesty Programs Without Knowing The Facts
A couple of initial comments I have:
1. My understanding is once you enter OVDI Criminal penalties are off the table opt out or no opt out. Can someone clarify this further?
2. Roy makes a point that himself and others have made before which are that the new super minnow “program” is rather narrowily defined AND as currently exists does not allow for people currently in the OVDI program to enter the new minnow program. (Roy makes a point in the article is this “might” change “someday” in the future).
3. As discussed previously the new minnow “program” really doesn’t solve that many problems despite the fact it has been under development for almost eight months.
4. Roy’s article pours cold water to some degree over the claims of some that you can enter OVDI and opt-out with relative ease.