Justice Department Highlights Tax Enforcement Results (huge list- fines, prison)

PR Newswire/Yahoo ^ | 4-7-10

[STARWISE]

*snip*

The Tax Division has assisted the Internal Revenue Service (IRS) in tracking down tax cheats who use offshore accounts, combating abusive tax shelters, stopping tax defiers and shutting down tax schemes and scams.

*snip*

Further success against offshore scheme promoters was achieved in May 2009 and February 2010, in United States v. Liddell and United States v. Bright, respectively, where the Ninth Circuit granted the IRS access to business records identifying customers who used offshore credit cards to shield income.

[STARWISE]

I find this particularly interesting, in light of the millions in foreign contributions in the last election.

~ ~ ~

"That includes taxpayers with hidden income in offshore banks and brokerage accounts and those using nominee entities, offshore debit cards, credit cards, wire transfers, foreign trusts, employee-leasing schemes, private annuities and insurance plans. In furtherance of these efforts, in April 2009, a federal court in Colorado granted the United States authorization to request from First Data Corporation, a credit card processing firm, the names of merchants who request that credit card sales proceeds be deposited in offshore bank accounts. The IRS believes that many of these merchants are using offshore accounts to evade taxes.

[STARWISE]

~Ping!

[Nachum]

The list, ping

[onyx]

I don’t know any of them. Not even the woman in San Diego.
I’m dying to see the list of the others.

[hoosiermama]

Shame we can’t trace the political party these folks support.

[M. Espinola]

[Taxman]

FairTax would render this activity moot!

http://www.fairtax.org