Tax Law Blog

Allegations of tax fraud, non-disclosure of assets in foreign bank accounts, and tax crime form the basis of agreements between the Department of Justice (DOJ) and three Swiss banks.

As the 2020 tax season moves into full swing, the Internal Revenue Service (IRS) has been working hard to take fraudulent tax returns off the table.  How? By going after tax preparers who commit tax fraud.

In December, the European Commission (EU) agreed on priorities to fight money laundering and the flow of dirty money to criminal groups.

With the writing on the wall, Alphabet is giving up its “Double Irish, Dutch sandwich.”

“Citizenship for investment,” does the term sound familiar?  The EU is cracking down on tax havens that put a price tag on citizenship.

A tax gap is the difference between taxes that are owed and taxes that are actually paid.  For six Silicon Valley multinational companies, that gap is more than $100 billion according to a global tax watchdog.

A report from the International Monetary Fund (IMF) suggests 40 percent of foreign direct investments are actually phantom.  Scary news for sure.

With the rebound in corporate jet travel, C-suite executives have a sweet deal unbeknownst to many company investors.

The Trump Administration is reportedly considering a business-friendly move to reopen the door to the migration of money to offshore destinations to reduce the tax burden of US companies.

Luxury brand Gucci agreed to pay a record settlement to Italian authorities to settle charges of tax fraud and evasion.