Practitioners and students of tax crimes know that most of the commonly charged tax crimes have an element of willfulness which the Supreme Court interpreted in Cheek to mean a voluntary [...]
So once upon a time, many of us were comfortable thinking that it was possible to have Private equity fund managers take a share of the profits of the partnership as the equity portion of their [...]
FBI Charge 6 With Running $500 Million Offshore Laundering Scheme…..Rule of Thumb – If it Seems To Good to be True? Don’t walk away….RUN!!!!
Federal prosecutors charged six men Tuesday with running a complicated offshore scheme that allegedly enabled clients to manipulate stocks, avoid U.S. taxes and launder hundreds of millions of [...]
A few months back I got a panicky email from my aunt who lives in the US. She was told that she may be in trouble because of her bank accounts in the sunny island of Trinidad which she and [...]
Rumors were rife for the past few months that there would be changes. Especially with FATCA kicking in on July 1st, and issues with the existing amnesty programs widely known, changes would [...]