Tax Evasion

A Bailout For Tax Evaders??

Marilyn Barrett | Posted 01.03.2009 | Business


Marilyn Barrett

The New York Times today reports that the IRS is debating how to deal with blatant tax evaders. It reports that, through the help of UBS, a number o...

Representation Without Taxation: Study Says Most Corporations Avoid US Income Tax

AP | JENNIFER C. KERR | Posted 09.12.2008 | Business


WASHINGTON — Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress. The s...

Sen. Levin Calls For UBS To Clean Up Or Shut Down Over Tax Evasion

Huffington Post | Posted 07.25.2008 | Business


**UPDATE** The Wall Street Journal reports that UBS will close private-banking operations for U.S. clients: A UBS AG executive told a U.S. Senate pa...

Super Rich Tax Cheats Outed by Bank Clerk

ABC News | Brian Ross and Rhonda Schwartz | Posted 07.23.2008 | Business


Hundreds of super-rich American tax cheats have, in effect, turned themselves in to the IRS after a bank computer technician in the tiny European coun...

Wealthy Client Avoids Paying $20 Million In Taxes

Wall Street Journal | Robert Frank | Posted 03.28.2008 | Business


The debate over taxing the rich tends to focus too much on changing the official tax rates. The real issue is getting the wealthy to pay their officia...