KPMG supports individuals domiciled abroad at filing voluntary disclosures – with discretion and independence.
KPMG supports individuals domiciled abroad at filing voluntary disclosures.
Due to recent developments aiming at tax transparency, private individuals in various countries start to reassess their assets and income situation. This often involves regularizing their current affairs to avoid being pursued by the tax authorities. A voluntary disclosure may be the tool of choice in such circumstances.
Our clients benefit from a long standing and wide practical experience in dealing with international voluntary disclosures. This also includes monitoring the latest legal and political developments, such as tax amnesties or the automatic exchange of information (AEoI) between financial institutions and foreign tax authorities, which will come into play in the next few years.
KPMG supports you at dealing with the various issues of a voluntary disclosure. We provide holistic, solution-oriented advice on voluntary disclosures and/or criminal proceedings in tax matters.
Typical process of an international voluntary disclosure (jpg)
The AEoI is meant to eliminate tax evasion. What needs to be reported and how?