Tax Law Blog

Allegations of tax fraud, non-disclosure of assets in foreign bank accounts, and tax crime form the basis of agreements between the Department of Justice (DOJ) and three Swiss banks.

As the 2020 tax season moves into full swing, the Internal Revenue Service (IRS) has been working hard to take fraudulent tax returns off the table.  How? By going after tax preparers who commit tax fraud.

In December, the European Commission (EU) agreed on priorities to fight money laundering and the flow of dirty money to criminal groups.

With the writing on the wall, Alphabet is giving up its “Double Irish, Dutch sandwich.”

On the second day of 2020, the Internal Revenue Service (IRS) helpfully announced that on January 27, 2020, it is open season on the 2019-2020 tax season.

“Citizenship for investment,” does the term sound familiar?  The EU is cracking down on tax havens that put a price tag on citizenship.

A tax gap is the difference between taxes that are owed and taxes that are actually paid.  For six Silicon Valley multinational companies, that gap is more than $100 billion according to a global tax watchdog.

A recent case from the Department of Justice (DOJ) offers an opportunity to revisit the importance of paying over employment taxes to the IRS—and the consequences if you don’t.

A report from the International Monetary Fund (IMF) suggests 40 percent of foreign direct investments are actually phantom.  Scary news for sure.

He helped topple presidential fixer Michael Cohen, he is accused of bringing down the New York taxi medallion system and he pled guilty to a criminal tax charge.  He got probation. Evgeny Freidman is a lucky guy.