JD Supra

BIS further enhances voluntary self disclosure process for minor or technical violations

The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has further updated its voluntary self-disclosure (VSD) process by establishing streamlined procedures for minor or technical ...
JD Supra

The Risk of Voluntary Self Disclosure: Takeaways From the Exyte BIS Settlement

The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) recently entered into a settlement agreement with ...
Supply Chain

Best Practices for Making Voluntary Disclosures to Customs

Importing has never been riskier. The combination of a high-tariff environment, increasingly sophisticated data analytics by U.S. Customs and Border Protection (CBP), and a tougher penalty posture by ...
JournalofAccountancy

Offshore Account Voluntary Disclosure Deadline Extended to Oct. 15

The IRS today extended the deadline for voluntary disclosures by taxpayers with unreported income from hidden offshore accounts from this Wednesday, Sept. 23, to Oct. 15. The IRS cautioned that there ...
The National Law Review

What Every Multinational Should Know About … Best Practices for a Customs Disclosure in the New Tariff Environment

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...