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13 Arrested In Connection With €100M VAT Fraud Scheme

by usoftax_admin | Mar 26, 2025 | Tax News

The Italian Financial Police arrested 13 people suspected of conducting a large-scale, complex criminal operation involving the sale of plastic products that resulted in the evasion of roughly €100 million ($107.5 million) in value-added taxes, the European Public...

Adapting To Private Practice: From Fed. Prosecutor To BigLaw

by usoftax_admin | Mar 26, 2025 | Tax News

Making the jump from government to private practice is no small feat, but, based on my experience transitioning to a business-driven environment after 15 years as an assistant U.S. attorney, it can be incredibly rewarding and help you become a more versatile lawyer,...

Engineering Co. Owner Can’t Deduct His Time, Tax Court Says

by usoftax_admin | Mar 26, 2025 | Tax News

The owner of a Colorado engineering company cannot deduct the value of the time he spent working on software without showing any amounts actually paid, the U.S. Tax Court ruled Wednesday in upholding the majority of $135,000 in tax deficiencies, plus penalties,...

Ex-UBS North America CEO’s $4.9M FBAR Deal Gets OK

by usoftax_admin | Mar 26, 2025 | Tax News

The former North American CEO for Swiss bank UBS will pay a $4.9 million judgment under a deal approved by a Connecticut federal court Wednesday that resolves the U.S. government’s suit alleging he willfully neglected to file foreign bank account reports with...

‘Is anything really changing?’ Experts react to UK Spring Statement

by usoftax_admin | Mar 26, 2025 | Tax News

The UK Government’s plans to close the tax gap via increased HM Revenue and Customs investment have failed to impress local tax advisers

Goldstein’s Devices Must Be Monitored, Judge Affirms

by usoftax_admin | Mar 26, 2025 | Tax News

A Maryland federal judge on Tuesday rejected U.S. Supreme Court lawyer and SCOTUSblog publisher Tom Goldstein’s request to dismiss a bail condition that requires his electronic devices to be monitored out of concerns that he’s been hiding millions in...
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Ireland D02 P2N6

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