On behalf of Greenspan & Greenspan P.C. | Nov 8, 2014 | Foreign Bank Accounts
Another tax crimes prosecution involving foreign bank accounts ends in defeat for the Justice Department with the acquittal after only one hour of deliberation by a Florida jury in the trial of a former high level executive with UBS. Raoul Weill was the former head of...
On behalf of Greenspan & Greenspan P.C. | Jun 2, 2014 | Foreign Bank Accounts
Imagine having to pay over 2.2 million dollars in penalties for failing to file a Report of Foreign Bank and Financial Accounts (FBAR). That would be some nighmare. Well, that is what an 87 year old Carl Zwerner of Florida facing as a result of a jury in federal court...
On behalf of Greenspan & Greenspan P.C. | Dec 21, 2013 | Foreign Bank Accounts, Taxes
FATCA Strikes Again. Taxpayers who sought to hide their money overseas lost six more safe havens in the past week as the U.S. Treasury Department signed anti-tax evasion pacts with Bermuda, Malta, the Netherlands and three UK Crown Dependencies: Jersey, Guernsey...
