Voluntary Disclosure Programs — Design, Principles, and Implementation Considerations

This note explores considerations for a successful voluntary disclosure program (VDP), including issues around anti–money laundering/combating the financing of terrorism.
READ MORE...
Volume/Issue: Volume 2022 Issue 002
Publication date: April 2022
ISBN: 9798400206184
$5.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Paperback
PDF
ePub
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Public Finance , Taxation - General , International Taxation , Tax Evasion , Tax Policy Design , Tax Revenues , Illegal Behavior , anti–money laundering , combating the financing of terrorism , AML/CFT , tax policy Design , VDP adjudication unit , offshore Voluntary Disclosure Program , A , Elements of VDPS , IMF manaqement , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Flat tax , Tax administration core functions , Tax evasion , Foreign assets , Global

Also of interest
Revenue Authorities and their Boards of Management: Recent Developments
The Case for (and Against) Asset Management Companies in Banking Crises
Tax Administration
A Framework for Monitoring of and Reporting for External Project Loans in De...
Summary

This note explores the conditions, design elements, and implementation considerations of a successful voluntary disclosure program (VDP), including its compliance with anti–money laundering/combating the financing of terrorism (AML/CFT) international standards. The note emphasizes that such a program must be offered in the context of a considerably strengthened and credible enforcement capacity—one that is explicitly publicized to taxpayers—to avoid undermining tax morale.

Powered by: AIDC