The Department of Justice this week sought authorization to allow the IRS to serve a "John Doe" summons on MasterCard International, which would enable the agency to get data about people whose identities are not known but are suspected of using offshore accounts to evade their taxes.
The papers filed in Miami disclose that in response to the earlier "John Doe" summons, MasterCard produced records that led to civil audits and criminal investigations of many United States taxpayers. These taxpayers include people who used offshore credit cards to pay for expenses such as jewelry, hotel and car rentals, airline tickets, restaurants, cell-phone and online services, department store purchases and groceries.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access