Tax Evaders

Source: news.yahoo.com --- 22 days ago
Time.com - A Senate subcommittee prepares to hear about the bankers and their ultra-rich clients who use overseas accounts to skirt Tax laws ...

Source: news.aol.com --- 6 days ago
CONCORD, N.H. (AP) - One of four men who helped a New Hampshire couple avoid arrest for Tax evasion last year was sentenced to 20 years in prison, while another was sentenced to 2 1/2 years behind bars. ...

Source: edition.cnn.com --- 37 days ago
The Internal Revenue Service is taking the unprecedented step of seeking Swiss bank records in search of what it suspects could be up to $20 billion worth of assets hidden by U.S. taxpayers. ...

Source: economictimes.indiatimes.com --- 36 days ago
Concerned by rising Tax evasion especially by exporters and certain big manufacturers, the government today announced that the Tax man could provisionally attach the property of Evaders to recover dues. ...

Source: www.boston.com --- 6 days ago
A New York man who was found guilty of helping Plainfield, New Hampshire Tax Evaders Ed and Elaine Brown has been sentenced in federal court to 20 years in prison. ...

Source: www.swissinfo.ch --- 27 days ago
The United States authorities will relentlessly pursue Swiss bank UBS in a Tax evasion investigation but are not seeking an end to banking secrecy, experts agree. ...

Source: www.thehindu.com --- 35 days ago
NEW DELHI: In a bid to stem the rising Tax evasion, especially by exporters and certain large manufacturers, the Union Government has announced that the properties of Tax Evaders could be provisionally attached by the authorities to recover ... ...

Source: consumerist.com --- 21 days ago
Following up on yesterday's story about a disgruntled computer technician who turned over the bank records from the LGT Bank of Liechtenstein, ABC News says that UBS Bank may have helped set up the secret accounts and been responsible for hiding as much as $20 billion dollars of U.S. money. From ABCNews: In court documents, federal prosecutors say UBS bankers helped set up many of the secret accounts in Liechtenstein and, overall, hid as much $20 billion belonging to US citizens. "Sums are enormous and UBS appears to have been particularly aggressive in the way they marketed their activities in the US and elsewhere," said Christensen. "So UBS is extremely vulnerable to losing their license in the US." One UBS banker, Bradley Birkenfield, pleaded guilty last month and admitted to smuggling cash and diamonds for Americans trying to hide their wealth from the IRS. In federal court documents obtained by ABC News, federal prosecutors allege that Birkenfield's bank trained bankers traveling to the US in "techniques to avoid detection" by law enforcement authorities, "including training bankers to falsely state on customs forms that they were traveling into the United States for pleasure and not business". There will be Senate committee hearing tomorrow and ABC says that "among those called to testify are foreign bank account holders, including one of the wealthiest men in Los Angeles," and that the Tax dodgers could face criminal prose ...

Source: consumerist.com --- 21 days ago
Another update to the disgruntled computer technician story: Sen. Carl Levin told ABC News that Swiss banking giant UBS's banking license should be revoked until the bank "cleans up its act." The bank is accused of arranging "undeclared" accounts for an estimated 19,000 US citizens, effectively "hiding" $18 billion from the IRS. "I don't think that any bank that goes to the extent that UBS has gone through to avoid doing what their agreements with the United States require them to do, should be allowed to continue to do business unless they clean up their act," Levin said. The Senator also revealed a list of "sneaky tricks" that the bank was using to skirt U.S. laws and provide services that it was not licensed to offer. Here's the list: Tax Haven Bank Secrecy Tricks Code Names for Clients Pay Phones, not Business Phones Foreign Area Codes Undeclared Accounts Encrypted Computers Transfer Companies to Cover Tracks Foreign Shell Companies Fake Charitable Trusts Straw Man Settlors Captive Trustees Anonymous Wire Transfers Disguised Business Trips Counter-Surveillance Training Foreign Credit Cards Hold Mail Shred Files Prepared by the U.S. Senate Permanent Subcommittee on Investigations, July 2008. One UBS banker has already plead guilty and admitted to (among other things) smuggling diamonds purchased using a US client's Swiss bank account into the country by hiding them inside tubes of toothpaste. Classy! Sen. Levin: Shut Down Giant ...

Source: www.newvision.co.ug --- 36 days ago
EIGHTY percent of under-declared imports belong to Chinese, James Kisale, the Uganda Revenue Authority’s (URA) acting assistant commissioner for enforcement, has said. ...

Source: www.accmanpro.com --- 29 days ago
It’s not April 1st, Or is it? Courtesy of this Tweet via Francine I am struggling to overcome laughter convulsions. The FT reports that: The IRS is planning to speak on Tuesday to six accounting firms about how they could help find foreign banks that fail appropriately to identify US customers holding investments or income in [...] ...

Source: www.topix.com --- 22 days ago
KRA will be merciless against Tax Evaders. KRA Commissioner-General, Michael Waweru said though the authority valued friendliness when dealing with compliant taxpayers, it would be tough on wayward Tax Evaders. ...

Source: news.google.com --- 36 days ago
BBC News US Seeks Names of UBS Clients New York Times - 23 hours ago By LYNNLEY BROWNING Federal authorities, turning up the pressure on UBS, the Swiss banking giant, asked a federal court on Monday to force the bank to turn over the names of wealthy American clients suspected of evading taxes through secret offshore ... UBS faces legal move on Tax Evaders Financial Times DoJ: IRS to request information from UBS on US clients MarketWatch Bloomberg  - Reuters  - CNN International  - Trading Markets (press release) all 417 news articles ...

Source: abcnews.go.com --- 36 days ago
Federal judge OK'd request to probe secret accounts of alleged U.S. Tax Evaders. ...

Source: www.wmur.com --- 6 days ago
Two men have been sentenced to prison for helping Tax Evaders Ed and Elaine Brown. ...

Source: www.rherald.com --- 27 minutes ago
Randolph resident and former legislative candidate Robert Wolffe was last week sentenced to 30 months in federal prison, for his role in helping convicted Tax Evaders Ed and Elaine Brown of New Hampshire resist arrest by U.S. ...

Source: www.politicalgateway.com --- 37 days ago
The U.S. Justice Department went to court Monday to try to get a Swiss bank's account records so the IRS can hunt for U.S. Tax Evaders, federal officials said. ...

Source: www.allroadsleadtochina.com --- 3 days ago
When the visa problems all began 6 months ago, the primary target seemed to be teachers, students, long term working tourist, Tax Evaders, and others who were enjoying the lax enforcement of visa policies. There were, and continue to be, a lot of legit business men and women who have also been caught up in this [...] SHARETHIS.addEntry({ title: "The Olympic Impact of Visa Regulations on Sponsors", url: "http://www.allroadsleadtochina.com/index.php/2008/07/30/the-olympic-impact-of-visa-regulations-on-sponsors/" }); ...

Source: www.tax-news.com --- 21 days ago
The US Internal Revenue Service is set to beef up the Qualified Intermediary (QI) program as part of a new crackdown on Tax Evaders using foreign bank accounts. ...