Tax evasion

More than 10,000 cryptocurrency investors face a decision as they open letters from the Internal Revenue Service informing them that they may owe taxes on their digital holdings.

About 80 former and current employees of Deutsche Bank AG are suspects in an investigation by German prosecutors into an alleged tax fraud, according to a person familiar with the matter.

A onetime business partner of Donald Trump’s hotel management company claimed in a court filing that the president’s firm evaded income taxes on a project in Panama and under-reported employee salaries there.

A federal court in Texas is allowing the IRS to learn the identities of clients it suspects of structuring offshore entities to avoid U.S. taxes.

A CPA from New York has been sentenced to 14 months in prison for filing a tax return in his own name that contained materially false information.

The House Ways and Means Committee held a hearing Thursday to examine what's behind the estimated gap of approximately $460 billion between taxes owed and actually paid.

The world’s wealthy are increasingly on the move.

This tax day, tax evasion has topped $400 billion dollars.

Revenue officers visited nearly 100 businesses suspected of having serious issues with employment tax compliance.

A looming Swiss Supreme Court ruling could add to the bank's woes.

The U.K. taxman is coming under fire over its program giving the wealthy one last opportunity to disclose income or assets stashed in secretive offshore accounts.

Bank Hapoalim Ltd., Israel’s second-biggest bank, set aside an additional $246 million to settle a lengthy tax evasion investigation by U.S. authorities. The shares fell the most in more than two months.

A Paris court found the bank guilty of helping wealthy French clients stash undeclared funds in Swiss accounts.

The Swiss lender eschewed a settlement in a French tax investigation after failing to agree on an amount, exposing it to in-court demands from the state.

Art dealer Mary Boone, the darling of New York’s throbbing downtown scene in the 1980s, made a splash last year when she pleaded guilty to a years-long tax evasion scheme. Then, instead of a prison term, she asked a judge to sentence her to running her galleries.

The Internal Revenue Service’s Whistleblower Program made 217 awards to whistleblowers totaling $312,207,590 and collected $1,441,255,859, according to a new report.

A private bank under investigation in Germany over a series of controversial tax deals has opened a new legal front.

Swiss prosecutors are seeking a four-year prison term for a former UBS Group AG employee accused of breaking bank secrecy laws after he allegedly stole client data and sold the information to German tax authorities.

In a series of tweets, the businessman announced he has not filed a tax return for eight years, calling taxation “theft” and “illegal.”

The nation’s super-rich are running for cover on concern the government will make up the shortfall by going after the wealthy.