Tax lawyer Doron Levy outlines the significance of confidentiality in voluntary disclosure, especially in the rapidly evolving field of cryptocurrency, and how legal protection is paramount in negotiations with tax authorities (From TechBullion): “When you approach the tax authorities with voluntary disclosure, you do so on the condition of anonymity. Your lawyer acts as a buffer between you and the authorities, allowing for protection during negotiations because all the information you give your lawyer is privileged and confidential by law”.
Voluntary Disclosure Procedure: How to Avoid Criminal Exposure
Similar to previous years, the Voluntary Disclosure Procedure is designed to encourage taxpayers to correct their tax reports. The procedure applies to violations under the