Tax Law Blog

Micro-captive tax shelters are not popular with the Internal Revenue Service (IRS).  What are they and what is the problem with micro-captives?

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.

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.

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

This story has it all. Shell companies, offshore tax hacks in the Middle East, tax fraud, conspiracy to defraud the US, false tax returns, a falling out between old college buddies, and more.

Mega-online retailer Amazon grabbed the spotlight and a victory over the Internal Revenue Service (IRS) on a disputed $1.5 billion tax bill.