Avoiding Penalties with OVDP 2012 Though the objective of the IRS Amnesty 2012 is similar to that of its earlier initiatives i.e., to bring taxpayers that have used undisclosed foreign accounts and undisclosed foreign entities to avoid or evade tax into compliance with United States tax laws, it differs in the framework. in Public bookmarkswith avoid-penaltyentity-formationfbarirs-amnestyovdp