Tax Law Blog

In an effort to increase the resilience of banking giant UBS, the Swiss finance minister laid out stringent new safeguards that may limit the global reach of the company.

If you own a luxe fashion store and have a regular customer who drops a lot of cash in your store, that is a good thing, right? Apparently not for Louis Vuitton Netherlands.

Like dollars, crypto that has been illegally sourced must be cleansed of its tarnish. How does that happen?

For entities that operate largely under the radar, shell companies gaining a lot of attention these days. What are the concerns surrounding these companies?

Money laundering is big business. Trade-based money laundering is a means by which value is washed clean by traveling in the form of commodities through national and international supply chains.

After being rescued two years ago by competitor the Union Bank of Switzerland (UBS), Credit Suisse is making headlines again for the same transactional behavior that saw the Zurich-based bank stumble into disrepute in the first place.

The latest Annual Report of the Internal Revenue Service Criminal Investigation (IRS: CI) has been released. IRS: CI is a complex unit with a broad mandate. The annual report offers a glimpse of investigative efforts and successes in the moment.

For most mistakes, minor infractions, or errors, the Internal Revenue Service (IRS) will assess a penalty with interest. If the IRS believes a tax crime was committed, the outcome could be different.

Our countdown of the top ten tax crimes of 2024 has come to an end. The final two entries outline a calculated fall from grace by a crypto bro, and a civilian army employee who helped herself to funds intended for military families.

Even as the regulatory environment in Washington eases, a top tool of the Internal Revenue Service—the Suspicious Activity Report (SAR)—is receiving more attention these days. What is a SAR and why is it important to the IRS?