Tax evasion

The Internal Revenue Service ended a strategy for examining high-income taxpayers in 2017 and switched to another strategy that brought in far less tax revenue in the next few years.

Very inventive; that’s Sick; sweet charity; and other highlights of recent tax cases.

Three court-appointed experts determined that billionaire Robert Brockman is competent to stand trial in the largest tax-evasion case in U.S. history, despite his claims of dementia, prosecutors said in a court filing.

Trump Organization Chief Financial Officer Allen Weisselberg made $940,000 a year from 2011 to 2018, but much of that was “off the books,” Manhattan prosecutors claim.

And the nominees are...; junk mail; discredited; and other highlights of recent tax cases.

The Internal Revenue Service is focusing on cryptocurrency tax evasion with virtual currencies like Bitcoin and nonfungible tokens, employing data analytics to uncover transactions that crypto users assumed were hidden.

Late M&A banker Jean-Marc Forneri’s Swiss lawyer and wealth manager were found guilty of helping him conceal assets and dodge taxes in a French crackdown on those who facilitate financial crime.

Facing an indictment on tax charges in the U.S., McAfee had been in Spanish custody since October.

Two-state two step; primed for prison; contemptible; and other highlights of recent tax cases.

Private wealth clients, hedge fund managers and cryptocurrency traders fleeing to Puerto Rico for its huge tax breaks — and to escape President Joe Biden’s proposed capital gains tax increases — are now the focus of a sweeping Internal Revenue Service review.