Court rules that a "John Doe" summons to obtain confidential client records from a law firm isn’t barred by attorney-client privilege.
On May 15, 2019, a district court in the Western District of Texas held that the...more
5/29/2019
/ Attorney-Client Privilege ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Failure to Report ,
FATCA ,
Government Investigations ,
IRS ,
John Doe Investigation ,
Offshore Drilling ,
Panama Papers ,
Paradise Papers ,
Privilege Logs ,
Reporting Requirements ,
Summons ,
Tax Evasion
An investigation of Belize-based stockbrokers recently led to the first FATCA conviction since its enactment in 2010.
The former head of an offshore bank pled guilty to conspiracy to defraud the United States by...more
9/19/2018
/ Criminal Prosecution ,
Department of Justice (DOJ) ,
FATCA ,
Foreign Bank Accounts ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Financial Institutions (FFI) ,
Indictments ,
Market Manipulation ,
Offshore Funds ,
Reporting Requirements ,
Tax Evasion
On March 13, 2018, the Internal Revenue Service ("IRS") announced that the Offshore Voluntary Disclosure Program ("OVDP") will end on September 28, 2018. The program has allowed taxpayers to avoid criminal prosecution by...more