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Corporate Raider Accused Of Shirking $180M SEC Judgment

by usoftax_admin | Sep 27, 2024 | Tax News

Corporate takeover specialist Paul A. Bilzerian, accused of ducking a more than $180 million judgment owed to the U.S. Securities and Exchange Commission for decades, was indicted alongside his longtime accountant and his cannabis company on Thursday, California...

Ex-Citizens’ Renunciation Fee Suit Shipped To Claims Court

by usoftax_admin | Sep 27, 2024 | Tax News

A D.C. federal judge ruled that a lawsuit brought by former U.S. citizens seeking a refund on their $2,350 citizenship renunciation fee belongs in the Court of Federal Claims.

Constitution Permits Blocked Anti-Laundering Law, Panel Told

by usoftax_admin | Sep 27, 2024 | Tax News

The U.S. government urged the Eleventh Circuit on Friday to reinstate the Corporate Transparency Act passed in 2021, arguing that the anti-money laundering law is within Congress’ powers to regulate economic activity and necessary to have businesses report...

Feds Say Crypto ‘Godfather’ Bribed Cops, Dodged Taxes

by usoftax_admin | Sep 27, 2024 | Tax News

California federal prosecutors have accused a cryptocurrency startup founder nicknamed “The Godfather” of extortion, robbery and failing to pay taxes on fraudulent income that he allegedly used for personal luxuries including a Bel Air mansion rental and...

Transfer Pricing Guru On Assisting States, Combined Filing

by usoftax_admin | Sep 27, 2024 | Tax News

Ednaldo Silva’s transfer pricing analytics company EdgarStat LLC recently renewed its contract with New Jersey, furthering his decadeslong run of assisting states that aim to curb profit shifting by scrutinizing intercompany transactions. Silva spoke to Law360 about...
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