Voluntary Disclosure

The Firm has gained experience in foreign asset reporting rules and regularization of connected omissions or errors. We assist clients in the voluntary regularization of foreign assets not disclosed to the Italian Tax Authorities. Studio Alfuor & Associati assists the client in the investigation of its assets, through direct contact with foreign banks and brokers, in the verification of each omission or violation that may have been committed, both on taxes due and on the assets disclosure. We provides the computation of the applicable penalties and the reduction related to the voluntary regularization. The Firm also represents the client in proceedings before the tax authorities until the final agreement.