The US Department of Justice (DoJ) has announced a significant change in its criminal sentencing policy regarding offshore tax violations. The DoJ had previously Warn Potential Tax Cheats: Tax Crimes Result In Criminal Prosecution, Lengthy Prison Sentences, And Fines on April 6, 2017. Now at the 34th Annual National Institute on Criminal Tax Fraud in…
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Marini & Associates, P.A. wishes you a Merry Christmas,Happy Hanukkah and a Happy and Prosperous New Year ! Tax LitigationTax Collections & Tax Planningwww.TaxAid.com ¡Feliz Navidad y Prospero Año Nuevo! Read more at: Tax Times blog
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Key differences between the Senate and House 2017 Tax Reform Bills
On December 2, 2017 we posted Senate Passes $1.4 Trillion Tax Cut Legislation where we discussed that the U.S. Senate passed an expansive tax cut bill early Saturday that is projected to add more than $1 trillion to the deficit, after garnering enough support from faltering and fiscally conservative Republicans. Now the Senate and the House…
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Treasury Expanding Magnitsky Act as a Basis for Applying Sanctions
According to DiazReus, as of December 2017, the United States Treasury Department’s Office of Foreign Asset Control (“OFAC”) will begin using an expanded version of the Magnitsky Act as a basis for applying sanctions to individuals and entities suspected of corruption related activities. The Magnitsky Act, formally known as the Russia and Moldova Jackson–Vanik Repeal and…
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