Voluntary Disclosures: You can run but you can't hide

The Empowered Investor · Aug 5, 2021 · 41m

With increasing global connectedness, the world today is smaller than it’s ever been.

Countries are coming together to share information in a global trend towards greater transparency and with that, undeclared assets are much more likely to be discovered.

So if you’ve found yourself in a situation with undeclared assets, what can you do to get on the right side of things?

That’s where voluntary disclosures come in, allowing taxpayers to come forward voluntarily and correct tax filings with the assurance that there will be no investigations for tax avoidance or evasion.

To help us explore…