Voluntary Disclosure Programs : Design, Principles, and Implementation Considerations /

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 progra...

Full description

Bibliographic Details
Main Author: Benedek, Dora
Other Authors: Grote, Martin, Jackson, Grace, Markevych, Maksym, Waerzeggers, Christophe
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:Technical Notes and Manuals; Technical Notes and Manuals ;No. 2022/002
Subjects:
Online Access:Full text available on IMF
Description
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.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (38 pages)
Format:Mode of access: Internet
ISSN:2075-8669
Access:Electronic access restricted to authorized BRAC University faculty, staff and students