Tax Law

Recent Posts

Bank Frey Executive and Swiss Lawyer Indicted
Posted on 24 Apr 2013 by Jack Townsend

The USA for SDNY has announced, here , the indictment of Stefan Buck, head of "Bank 1" (Bank Frey), and Edgar Paltzer, a partner at a Swiss law firm, a dual U.S.-Swiss citizen, and a registered attorney in NY. (A copy of the indictment is here... Read More

John Doe Summons Issued to Wells Fargo for Records of CIBC FirstCaribbean International Bank Correspondent Account
Posted on 30 Apr 2013 by Jack Townsend

DOJ has announced, here , that a district court approved John Doe Summons for records of CIBC FirstCaribbean International Bank's correspondent account at Wells Fargo, N.A. The goal of the summons is to "allow the IRS to identify U.S. taxpayers... Read More

The Sentencing Sophisticated Means Enhancement Is Not Easy to Avoid
Posted on 10 Apr 2013 by Jack Townsend

The critical Sentencing Guidelines calculations for tax cases require a two step enhancement to the Base Offense Level for "sophisticated means" in the commission of the crime of conviction. S.G. 2T1.1(b)(2), here . Observers of the tax crimes... Read More