Tax evasion

A federal court in Minneapolis has found Wells Fargo liable for a 20 percent negligence penalty for participating in a tax shelter sold by Barclays Bank that generated $350 million in foreign tax credits.

On Avenida Borinquen in San Juan, you can buy a DVD of “La La Land” or “Moonlight” for just $2. Cash only.

Three Republican lawmakers who chair key congressional committees and subcommittees related to tax policy have sent a letter to Internal Revenue Service Commissioner John Koskinen asking about the IRS’s recent efforts to gain more information about users of Coinbase, the largest Bitcoin exchange in the U.S.

IRS experience is no shield from jail; $6 million in bogus deductions; ignoring injunctions; and other highlights of recent tax cases.

The 90210 actress and her husband are neck deep in financial trouble.

Rep. Lloyd Doggett, D-Texas, and Sen. Sheldon Whitehouse, D-R.I., have introduced legislation to discourage the use of corporate tax havens.

The second-largest Swiss wealth manager faces a sweeping tax evasion and money laundering investigation spanning five countries and potentially involving thousands of account holders.

The scam included a bogus $1 million charitable donation and fibs to his own accountants.

The Summa Holdings ruling may be part of a broader push back against the doctrine.

The tax-fraud case may leave the Swiss bank open to a fine of as much as 4.9 billion euros ($5.3 billion).