Tax Law Blog

Few people enjoy paying taxes, but some taxpayers avoid taxes, while others evade them—what’s the real difference?

A new report from the European Commission offers sobering facts about the amount of wealth held in offshore tax havens.

Filing false tax returns and failure to file reports on wealth held in foreign bank accounts netted a California businessman almost two years in prison.

Caught up in the ongoing IRS Swiss Bank Program investigation of undeclared foreign assets, Zurich Life Insurance Company agreed to pay the US $5.1 million to settle claims of offshore tax fraud.

Finance & Development, the quarterly magazine of the International Monetary Fund (IMF), recently took a look at the crises ensuing from corruption and the global use of secret offshore tax havens.

For a specific group of expatriates, the Internal Revenue Service (IRS) recently announced new procedures for clearing out old tax debt.

Things just continue to get worse for Deutsche bank. In free fall from civil and regulatory investigations that have stretched on for years, Deutsche is now facing scrutiny on criminal charges.

Despite reduced budget resources and flagging morale, the Internal Revenue Service maintains a keen interest in tax crimes that involve opaque tax havens and money laundering.

The long reach of the Panama Papers document leak toppled another executive after international tax fraud and money laundering allegations came to light.

You may have “forgotten” to file a Foreign Bank and Financial Accounts Report (FBAR).  Maybe you forgot for several years.  You knew about the requirement, but didn’t like the idea, and you failed to alert your accountant to your offshore tax...