Tax Law Blog

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.

Move over Trinidad, the United States of America has joined the European blacklist for its lax tax reporting and jurisdictional tax opacity.

A French court recently pounded Swiss financial giant UBS Group with a record high fine and penalty after finding the entity sought and then helped clients stash their unreported cash in Swiss accounts to avoid paying French 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.

As far as reputation, the United States lost some gloss this year.  A non-governmental organization (NGO) that combats global corruption ranked the US six spots lower in their annual Corruption Perceptions Index.

A  November 2018 memorandum from the Internal Revenue Service (IRS) establishes new methods for handling voluntary disclosure of offshore accounts.

German investigators descended on the headquarters of Deutsche Bank in Frankfurt, Germany, in late November, a devastating setback to an institution struggling to reset after years of fines and bad press over financial misconduct.

While it seems like an awkward term, a US person is a designation used by the Internal Revenue Service (IRS) to identify who must file taxes in this country.

The Panama Papers leak has yielded its first criminal indictment in the United States.

As the federal government struggles its way out of the longest shutdown in history, there are probably not too many tears shed for the once mighty Internal Revenue Service (IRS). Yet on both sides of the aisle, there may be concern for the growing...