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Ex-UBS North America CEO Agrees To $4.9M FBAR Judgment

by usoftax_admin | Mar 21, 2025 | Tax News

The former North American CEO for Swiss bank UBS on Friday agreed to a $4.9 million judgment to end claims that he failed to file timely or accurate foreign bank account reports with the Internal Revenue Service between 2003 and 2013.

We Must Allow Judges To Use Their Independent Judgment

by usoftax_admin | Mar 21, 2025 | Tax News

As two recent cases show, the ability of judges to access their independent judgment crucially enables courts to exercise the discretion needed to reach the right outcome based on the unique facts within the law, says John Siffert at Lankler Siffert & Wohl.

Taxation With Representation: Cravath, Paul Weiss, Cooley

by usoftax_admin | Mar 21, 2025 | Tax News

In this week’s Taxation With Representation, Google acquires Wiz, QXO Inc. acquires Beacon Roofing Supply, and the Boston Celtics are bought by a group led by private equity firm co-founder William Chisholm.

Five minutes with…Robert Christoffel, Saul Ewing

by usoftax_admin | Mar 21, 2025 | Tax News

The US law firm’s tax counsel tells ITR about inspirations from a ‘legendary’ German tax scholar, perfecting riesling wine and what makes tax cool

Fed. Circ. Backs Actavis’ $12M Patent Suit Cost Deduction

by usoftax_admin | Mar 21, 2025 | Tax News

Drugmaker Actavis can take a $12 million tax deduction for money it spent fending off lawsuits while securing approval to sell generic birth control and other drugs, the Federal Circuit ruled Friday, affirming the U.S. Court of Federal Claims’ decision that the...
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