We originally posted we originally posted Ireland's plan to close a "Double Irish" tax loophole could cost Apple and Google Billions of Dollars which discussed that following pressure from the United States and EU, the Dublin government said it planned to change a rule underpinning this system which allows a company to be registered in…
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The Weil Not Guilty Verdict – Road Map For Future Criminal Defense Strategies?
We originally posted Ex-UBS Exec & Ex-Mizrahi Banker Found Not Guilty In Tax Evasion Trials! Where we discussed that Jurors in federal court in Fort Lauderdale, Florida, found former UBS AG executive Raoul Weil not guilty of conspiracy to defraud the United States for his alleged role in helping nearly 20,000 U.S. clients hide $20…
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The Insolvent Debtor – Are Charity And Family Gifts Still Possible?
According to Jay Adkisson there are two questions that estate planners commonly ask when they have a client in financial distress: (1) If the Debtor has a history of tithing or making other charitable contributions, can the Debtor continue giving to charity? (2) If the Debtor has a history of making annual gifts to his…
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IRS Seizure of Assets Using Anti-Structuring Laws
According to Procedurally Taxing the New York Times recently reported about a series of cases in which the IRS has seized money from innocent Americans based on purported violations of so-called “anti-structuring” laws, which make it a crime to deposit less than $10,000 cash in the bank in order to evade bank reporting requirements. Carole…
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