Last year, Joan Rivers died with an estate of roughly $100 million. In her last will and testament she described herself as a resident of New York State but a domiciliary of the State of California. What's the difference? Prior to 2000, there was no difference and all estates that paid federal taxes had to…
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DOJ Makes Good on It Promise to Continue to Prosecute Offshore Bankers Who Have Aided Taxpayers to Avoid US Taxes!
Bloomberg News reports that federal prosecutors in Manhattan filed an expanded indictment Wednesday against former Wegelin & Co. bankers Roger Keller, Urs Frei and Michael Berlinka. On Wednesday, August 28, 2013 we posted U.S. Turns Up The Pressure On Swiss Banks! where we discussed that thousands of Swiss bank workers have seen their data handed…
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Lynch's Nomination Stalled Pending Determination of Whether She Received Leaked HSBC Info Before the HSBC Deal.
According to Law360 Loretta Lynch, President Barack Obama’s attorney general nominee, said Wednesday she had no knowledge of information that had been leaked to French authorities about HSBC Holdings PLC's possible assistance in tax evasion when she negotiated a controversial deferred prosecution agreement with the bank.In response to written questions submitted by Senate Judiciary Committee Chairman…
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UBS Whistleblower Bradley Birkenfeld Subpoenaed By French Authorities
A former UBS AG banker whose disclosures led the U.S. Department of Justice to investigate the Swiss bank for helping its American clients evade taxes has asked a Florida federal judge for permission to travel to France to aid in that country’s scrutiny of the bank, after receiving a subpoena from a French magistrate judge.…
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