Telephone Forum: Voluntary Compliance and VCAP
The office of Tax Exempt Bonds presented a general overview of voluntary compliance for tax-advantaged bonds. The presenters, Tax Law Specialists Antoine Zemor, Debbie Cho and George Gurrola also included an overview of our Voluntary Closing Agreement Program (VCAP). The second part of the presentation discussed some specifics about VCAP and the process of resolving a violation through the program.
The presentation included the following topics:
- Compliance Overview for Tax-Advantaged Bonds
- TEB Voluntary Closing Agreement Program Overview
- New Developments in TEB VCAP, including Form 14429
- TEB VCAP: Identified Violations and Resolution Standards
A pdf version of a power point slide presentation covering the above topics is available here.