Internal Revenue Service Commissioner Doug Shulman said the agency may reopen its voluntary disclosure program, offering a partial amnesty to tax evaders who have been hiding money in foreign bank accounts.

During a speech on Dec. 9 in Washington at the 23rd Annual Institute on Current Issues in International Taxation, Shulman described the success of a program it had offered last year to encourage customers of UBS AG and other foreign banks to disclose their account holdings to the IRS.

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