Tax Law Blog

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...

On the local and global stage, celebrities and high-asset persons turn up in headlines for alleged tax fraud. In Spain, Shakira is facing allegations that she failed to pay more than $16 million in taxes.

A former Swiss banker faces a life in exile after conviction on charges of commercial espionage after he reportedly sold details about German tax evaders to government officials.