Items by By LYNNLEY BROWNING
NYT > Business
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Overseas Banks Could Face Novel Penalty From U.S.
Posted: April 13th, 2011, 1:16am EDT by By LYNNLEY BROWNING
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The Justice Department is exploring whether it can fine overseas banks that have aided tax evasion 50 percent of the total balance for the accounts in question.
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U.S. Seeks HSBC Customers’ Names as Part of Tax Inquiry
Posted: April 7th, 2011, 11:13pm EDT by By LYNNLEY BROWNING
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The government is seeking the names of wealthy American clients suspected of evading taxes through offshore accounts at its affiliate in India.
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Mortgages: Avoiding Refinancing Costs After Divorce
Posted: April 7th, 2011, 5:15pm EDT by By LYNNLEY BROWNING
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In a release of liability, the lender is asked to remove a former spouse’s name from the joint mortgage, though it’s not as simple as it sounds.
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Mortgages: F.H.A. to Raise Insurance Premiums
Posted: February 24th, 2011, 6:30pm EST by By LYNNLEY BROWNING
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The higher rate structure goes into effect on F.H.A. loans taken out on or after April 18.
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I.R.S. Offers a Tougher Amnesty Deal for Offshore Accounts
Posted: February 8th, 2011, 6:10pm EST by By LYNNLEY BROWNING
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Taxpayers who come forward by Aug. 31 will pay a penalty of 25 percent of the amount in a hidden foreign account but will not be prosecuted.
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A 2nd I.R.S. Amnesty for Offshore Accounts
Posted: January 24th, 2011, 11:37pm EST by By LYNNLEY BROWNING
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Ahead of a new tax filing season, tax collectors will push another program to persuade wealthy Americans to declare their offshore bank accounts.
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Mortgages: Mortgage Rates May Have Hit Bottom
Posted: December 24th, 2010, 6:07pm EST by By LYNNLEY BROWNING
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A sustained uptick may signal higher rates for next year. Tighter lending standards will persist, too.
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Tax Inquiry Shifts to Small Swiss Banks
Posted: December 24th, 2010, 12:49am EST by By LYNNLEY BROWNING
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Under investigation are regional banks suspected of helping Americans evade taxes despite a crackdown.
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Ex-Banker for UBS Pleads Guilty in Tax Case
Posted: December 23rd, 2010, 1:53am EST by By LYNNLEY BROWNING
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Renzo Gadola admitted to conspiring to defraud the United States when he urged a client not to disclose to the I.R.S. his undeclared offshore account.
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Banker at Small Swiss Firm Is Charged
Posted: December 14th, 2010, 2:15pm EST by By LYNNLEY BROWNING
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Federal prosecutors accused a Swiss banker of advising wealthy American clients to avoid disclosing their hidden offshore accounts held at a small Swiss bank.
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Mortgages: F.H.A. Rule Changes for Mortgage Borrowers
Posted: November 28th, 2010, 3:10am EST by By LYNNLEY BROWNING
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Borrowers unable to qualify for conventional mortgages now pay a higher insurance premium on loans backed by the agency.
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Mortgages: New Lending Guidelines From Fannie Mae
Posted: November 19th, 2010, 6:28pm EST by By LYNNLEY BROWNING
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Rules that take effect next month will provide relief for cash-poor buyers but make it harder for others to get a mortgage.
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U.S. Ends Inquiry of UBS Over Offshore Tax Evasion
Posted: November 16th, 2010, 7:50pm EST by By LYNNLEY BROWNING
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The agency said it had withdrawn its summons asking the Swiss bank to identify American clients suspected of offshore tax evasion, but said it was ramping up its scrutiny of other banks.
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Mortgages: More Closing Jitters
Posted: October 30th, 2010, 11:41pm EDT by By LYNNLEY BROWNING
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The agency’s new quality-control guidelines are designed to catch changes in a borrower’s credit rating.
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U.S. Drops Criminal Charges Against UBS
Posted: October 23rd, 2010, 1:05am EDT by By LYNNLEY BROWNING
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American prosecutors said they were satisfied that the Swiss bank had stopped selling offshore private banking services that allowed the wealthy to avoid taxes.
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Seeking Bank Secrecy in Asia
Posted: September 22nd, 2010, 12:22pm EDT by By LYNNLEY BROWNING
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For centuries, Switzerland has been the sanctuary of choice for wealthy people seeking to hide their fortunes and evade taxes. Now the rich are flocking to Singapore and Hong Kong.
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Ex- Chief of Quellos Admits Swindling the I.R.S. Out of $240 Million
Posted: September 11th, 2010, 12:06am EDT by By LYNNLEY BROWNING
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Jeffrey I. Greenstein, former chief of the defunct investment firm, admitted bilking $240 million from the I.R.S.
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Ex-UBS Banker Seeks Shorter Prison Sentence
Posted: April 14th, 2010, 8:40pm EDT by By LYNNLEY BROWNING
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Bradley Birkenfeld, whose information helped the Justice Department and the I.R.S. crack down on offshore tax evasion, plans to petition for a commutation.
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UBS Client Pleads Guilty to Tax Fraud
Posted: April 12th, 2010, 2:26pm EDT by By LYNNLEY BROWNING
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According to court papers, a client of the giant bank used a sham corporation in Panama to help hide his UBS accounts.
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Release of Client Names by UBS Gets Closer
Posted: April 1st, 2010, 12:58am EDT by By LYNNLEY BROWNING
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The move is a shift by the Swiss government, which is eager to resolve a simmering feud with the I.R.S.
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I.R.S. Increases Audits of Wealthy
Posted: March 12th, 2010, 9:57pm EST by By LYNNLEY BROWNING
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The federal agency increased its audits of taxpayers who earned $1 million to $5 million by 33 percent in 2009 from 2008.
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Former UBS Banker Settles Insider Trading Claims
Posted: February 19th, 2010, 2:05am EST by By LYNNLEY BROWNING
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The New York attorney general’s office said that the executive, David Shulman, would pay $2.75 million to settle the claims.
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Case Is Said to Link HSBC to U.S. Tax Evasion Inquiry
Posted: February 17th, 2010, 1:40am EST by By LYNNLEY BROWNING
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A wealthy investor in Virginia pleaded guilty on Tuesday to criminal tax evasion through an international bank, said by a person briefed on the case to be HSBC.
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U.S. Report Details Money Laundering
Posted: February 4th, 2010, 1:38am EST by By LYNNLEY BROWNING
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An investigation has shed new light on how major banks unwittingly shifted hundreds of millions of dollars on behalf of politicians, their relatives and associates.
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Swiss Back Away From Deal to Give Names of Rich UBS Clients to U.S.
Posted: January 28th, 2010, 2:44am EST by By LYNNLEY BROWNING
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The Swiss government said it would try to salvage a settlement under which UBS was obliged to hand over data on clients suspected of tax evasion in return for escaping legal action itself.
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Taxpayer Advocate Faults I.R.S. on Collecting Delinquent Taxes
Posted: January 7th, 2010, 1:26am EST by By LYNNLEY BROWNING
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The I.R.S. collected only about $86 billion in delinquent taxes over the 2005-7 fiscal years, according to the agency’s oversight arm.
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Ex-UBS Banker Asks Review of the Handling of His Case
Posted: January 6th, 2010, 1:44am EST by By LYNNLEY BROWNING
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The former banker who helped Americans evade taxes asked for an investigation of what he called inaccurate statements made by federal authorities.
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With Bigger Bonuses, Another Upside for Banks
Posted: December 31st, 2009, 6:57pm EST by By LYNNLEY BROWNING
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Financial institutions that repaid billions of dollars in federal aid can award unlimited bonuses, and thereby, also increase their tax deductions.
NYT > Home Page
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14,700 Disclosed Offshore Accounts
Posted: November 17th, 2009, 7:05pm EST by By LYNNLEY BROWNING
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The I.R.S. announced the number as it released the criteria to get names of account holders in a UBS tax case.
NYT > Business
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I.R.S. Releases Criteria to Get Names in UBS Case
Posted: November 17th, 2009, 10:02am EST by By LYNNLEY BROWNING
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The I.R.S. announced the number as it released the criteria to get names of account holders in a UBS tax case.
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Another UBS Client Pleads Guilty to Tax Evasion
Posted: September 25th, 2009, 1:22pm EDT by By LYNNLEY BROWNING
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A wealthy UBS private banking client pleaded guilty to tax evasion, the fourth American caught in a widening investigation into the Swiss bank over its offshore services.
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Amnesty Deadline Extended for Offshore Account Holders
Posted: September 21st, 2009, 1:14am EDT by By LYNNLEY BROWNING
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The Internal Revenue Service will announce that it is extending its amnesty program intended to root out those suspected of using offshore accounts to evade taxes.
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Suicide Victim May Have Hidden Millions Abroad
Posted: September 16th, 2009, 2:39am EDT by By LYNNLEY BROWNING
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Finn M. W. Caspersen, a prominent philanthropist, was suspected of secreting millions of dollars at LGT, a private bank controlled by Liechtenstein’s royal family.
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Swiss Deal With I.R.S. May Hide Some Tax Cheats
Posted: September 8th, 2009, 12:58am EDT by By LYNNLEY BROWNING
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Some large, cash-only accounts may not be disclosed because Swiss authorities may find no evidence of fraud, tax lawyers said.
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U.S. Indicts Two in Switzerland on Tax Charges
Posted: August 21st, 2009, 7:49am EDT by By LYNNLEY BROWNING
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The two men, Hansruedi Schumacher and Matthias Rickenbach, are accused of falsifying documents to help clients evade income taxes.
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U.S. Indicts Two in Switzerland on Tax Charges
Posted: August 20th, 2009, 11:16pm EDT by By LYNNLEY BROWNING
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The move opens a new front in Washington’s crackdown on Switzerland’s tradition of bank secrecy.
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Under Agreement, UBS to Give Up Over 4,000 Names
Posted: August 19th, 2009, 12:42pm EDT by By LYNNLEY BROWNING
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U.S. regulators will receive the names as part of an investigation of Americans avoiding taxes through the use of offshore accounts.
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U.S. Builds Crime Cases on Clients of UBS
Posted: August 14th, 2009, 12:24am EDT by By LYNNLEY BROWNING
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Criminal complaints are expected to result from many of the inquiries by federal prosecutors against UBS account holders.
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UBS and U.S. Report a Deal on Names in Tax Inquiry
Posted: August 12th, 2009, 2:36pm EDT by By LYNNLEY BROWNING
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A final settlement would force the bank to disclose names of wealthy clients. How many is unclear at the moment.
NYT > Home Page
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UBS and U.S. Report a Deal on Names in Tax Inquiry
Posted: August 12th, 2009, 2:36pm EDT by By LYNNLEY BROWNING
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A final settlement would force the bank to disclose names of wealthy clients. How many names is unclear at the moment.
NYT > Business
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U.S. and UBS Are Given More Time to Forge Deal
Posted: August 8th, 2009, 1:51am EDT by By LYNNLEY BROWNING
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A federal judge gave Switzerland and the United States more time to try to settle a legal case that sought to force UBS to disclose the names of American clients suspected of tax evasion.
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Settlement Reached in UBS Tax Case
Posted: July 31st, 2009, 5:26pm EDT by By LYNNLEY BROWNING
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Switzerland and the U.S. reached a deal on a tax-evasion case that sought to force UBS to turn over clients’ names.
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Inquiry Widens as UBS Client Pleads Guilty
Posted: July 29th, 2009, 3:31am EDT by By LYNNLEY BROWNING
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Court documents included an unnamed private Swiss bank as among those suspected of selling offshore tax evasion services to rich Americans.
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UBS and U.S. Given Time to Seek a Settlement
Posted: July 13th, 2009, 2:42pm EDT by By LYNNLEY BROWNING
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A federal judge agreed to postpone a hearing on efforts to force UBS to provide the names of wealthy American account holders suspected of evading taxes.
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UBS and Prosecutors Seek Hearing Delay
Posted: July 12th, 2009, 5:23pm EDT by By LYNNLEY BROWNING
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The Swiss bank and U.S. federal prosecutors are trying to settle a dispute over the release of names of bank clients suspected of offshore tax evasion.
NYT > Home Page
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UBS and Prosecutors Seek Hearing Delay
Posted: July 12th, 2009, 5:23pm EDT by By LYNNLEY BROWNING
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The Swiss bank and U.S. federal prosecutors are trying to settle a dispute over the release of names of bank clients suspected of offshore tax evasion.
NYT > Business
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DealBook: UBS and Prosecutors Seek Hearing Delay
Posted: July 12th, 2009, 1:38pm EDT by By LYNNLEY BROWNING
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The Swiss bank UBS and U.S. federal prosecutors sought to delay a hearing so the two sides can try to settle a dispute over the release of names of the bank’s clients.
NYT > Home Page
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DealBook: UBS and Prosecutors Seek Hearing Delay
Posted: July 12th, 2009, 1:38pm EDT by By LYNNLEY BROWNING
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The Swiss bank UBS and U.S. federal prosecutors sought to delay a hearing so the two sides can try to settle a dispute over the release of names of the bank’s clients.
NYT > Business
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UBS Says a Settlement of Tax Case Is Possible
Posted: July 10th, 2009, 10:01pm EDT by By LYNNLEY BROWNING
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The bank has refused to hand over the names of 52,000 American clients suspected of offshore tax evasion, saying doing so would violate Swiss law.
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UBS Digs in Its Heels on Clients’ Names
Posted: July 10th, 2009, 2:23am EDT by By LYNNLEY BROWNING
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The chief of the bank said in a memorandum that it would not comply with the I.R.S. because doing so would violate Swiss law.
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7 Indicted on Charges of Selling Tax Shelters
Posted: June 10th, 2009, 12:31am EDT by By LYNNLEY BROWNING
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Questionable tax shelters earned their promoters hundreds of millions of dollars in fees and continue to plague the tax advisory industry.
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Critics Call Delaware a Tax Haven
Posted: May 29th, 2009, 8:32pm EDT by By LYNNLEY BROWNING
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Struggling states are increasingly critical of Delaware for its loophole that helps corporations avoid state taxes.
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Credit Card Processor Asked for Offshore Data
Posted: April 16th, 2009, 3:18am EDT by By LYNNLEY BROWNING
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The I.R.S. wants to force the First Data Corporation to turn over account information on scores of merchants.
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UBS Client Pleads Guilty in Tax Case
Posted: April 15th, 2009, 1:59am EDT by By LYNNLEY BROWNING
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A wealthy UBS private banking client pleaded guilty to tax evasion, making him the second American ensnared in a widening federal investigation of the Swiss banking giant.
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U.S. Extends Its Inquiry of Offshore Tax Fraud
Posted: March 19th, 2009, 12:31am EDT by By LYNNLEY BROWNING
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Authorities have widened their criminal investigation into UBS concerning offshore tax fraud to include lawyers and accountants who worked with the bank.
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I.R.S. Plans a Deduction for Madoff Victims
Posted: March 18th, 2009, 2:29am EDT by By LYNNLEY BROWNING
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A plan that applies to victims of all Ponzi schemes is likely to provide major relief to the victims of Bernard L. Madoff.
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Switzerland Agrees to Aid in Pursuit of Tax Cheats
Posted: March 14th, 2009, 1:48am EDT by By LYNNLEY BROWNING
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The country yielded on the matter of tax evasion, but said it would not abandon its laws on bank secrecy.
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UBS Executives May Face Prosecution in Tax Evasion Inquiry
Posted: March 5th, 2009, 1:40am EST by By LYNNLEY BROWNING
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A Swiss bank, under fire from Congress for secrecy that may allow tax evasion, suggests it’s a matter for diplomats.
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Tax Suspicions Grow on Swiss Accounts
Posted: February 26th, 2009, 2:06am EST by By LYNNLEY BROWNING
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Authorities say many more Americans than previously thought use offshore banks to hide money and evade taxes.
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Group of Rich Americans Sues UBS to Keep Names Secret in Tax Case
Posted: February 25th, 2009, 1:24am EST by By LYNNLEY BROWNING
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The lawsuit accuses UBS and Switzerland’s financial regulator of violating Swiss bank secrecy laws and of conducting illegal activities with foreign authorities.
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Ex-BDO Partner Pleads Guilty in Tax Shelter Case
Posted: February 13th, 2009, 11:35pm EST by By LYNNLEY BROWNING
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The criminal charges stemmed from a bogus scheme that let wealthy investors evade paying more than $200 million.
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Former Jets Punter Among 3 Indicted in a Tax Scheme
Posted: January 30th, 2009, 2:59pm EST by By LYNNLEY BROWNING
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Joseph Prokop, a punter who played with several National Football League teams, was charged with conspiracy, preparing false tax returns and fraud.
NYT > Sports
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Former Jets Punter Among 3 Indicted in a Tax Scheme
Posted: January 30th, 2009, 2:59pm EST by By LYNNLEY BROWNING
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Joseph Prokop, a punter who played with several National Football League teams, was charged with conspiracy, preparing false tax returns and fraud.
NYT > Business
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A Rich Income in ’06 Was $263 Million
Posted: January 30th, 2009, 1:12am EST by By LYNNLEY BROWNING
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Since 1996, the top 400 have nearly doubled their share of all income earned in the United States.
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U.S. Subsidiaries in Offshore Tax Havens
Posted: January 16th, 2009, 11:46pm EST by By LYNNLEY BROWNING
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The offshore tax havens may let large U.S. corporations evade or defer their tax bills, according to a government study.
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U.S. Subsidiaries in Offshore Tax Havens
Posted: January 16th, 2009, 11:46pm EST by By LYNNLEY BROWNING
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The offshore tax havens may let large U.S. corporations evade or defer their tax bills, according to a government study.
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Executive Calls ’30s Housing Solutions Superior
Posted: January 15th, 2009, 2:09am EST by By LYNNLEY BROWNING
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A former Fannie Mae executive has deemed Depression-era efforts to modify ailing mortgages more successful than those being used in the current housing crisis.
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Pressured by I.R.S., UBS Is Closing Secret Accounts
Posted: January 9th, 2009, 1:51am EST by By LYNNLEY BROWNING
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UBS will close about 19,000 accounts held by Americans that may have gone undeclared to the Internal Revenue Service.
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3 Convicted in KPMG Tax Shelter Case
Posted: December 18th, 2008, 12:22am EST by By LYNNLEY BROWNING
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The three defendants were convicted of using tax shelters to help wealthy investors evade billions in taxes. A fourth man was acquitted of the charges.
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3 Convicted in KPMG Tax Shelter Case
Posted: December 18th, 2008, 12:22am EST by By LYNNLEY BROWNING
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The three defendants were convicted of using tax shelters to help wealthy investors evade billions in taxes. A fourth man was acquitted of the charges.
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Investors With Madoff May Get Tax Relief
Posted: December 15th, 2008, 11:22pm EST by By LYNNLEY BROWNING
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Tax rules allow investors who fall prey to criminal theft perpetrated by their investment advisers or brokers to claim a tax deduction stemming from their losses.
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Ex-Officer Faults Mortgage Giants for ‘Orgy’ of Nonprime Loans
Posted: December 10th, 2008, 2:36am EST by By LYNNLEY BROWNING
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A former Fannie Mae executive testified that Fannie and Freddie Mac engaged in “an orgy of junk mortgage development” that turned the mortgage giants into vast repositories of risky loans.
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Liechtenstein to Share Some Secrets of Its Bank
Posted: December 5th, 2008, 1:45am EST by By LYNNLEY BROWNING
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Under increasing scrutiny for its role as a leading offshore tax haven, the country will now in limited circumstances turn over the bank records of American clients suspected of tax evasion.
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U.S. Is Said to Expand Tax Inquiry
Posted: December 1st, 2008, 10:24pm EST by By LYNNLEY BROWNING
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The Justice Department has expanded its investigation into foreign banks that sell offshore banking services to include Credit Suisse and HSBC, according to people briefed on the matter.
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Prosecutors Pass on Chance to Revive Tax Shelter Case
Posted: December 1st, 2008, 10:04pm EST by By LYNNLEY BROWNING
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Federal prosecutors are passing on their last chance to reinvigorate a criminal tax-shelter proceeding, once billed as the largest in history, after a string of setbacks.
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Call to Let Tax Breaks Cover Banks Outside U.S.
Posted: November 27th, 2008, 1:55am EST by By LYNNLEY BROWNING
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Foreign banks doing business in the U.S. are ramping up pressure on the Treasury Department to grant them the same tax breaks given to their American counterparts under the $700 billion bailout.
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Treasury to Review New Tax Break Plan
Posted: November 19th, 2008, 1:29am EST by By LYNNLEY BROWNING
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The Treasury Department’s inspector general will review a quiet change in tax policy that stands to give banks a windfall of billions of dollars, a top official said.
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I.R.S. to Tighten Tax Oversight of Foreign Banks
Posted: October 15th, 2008, 6:32pm EDT by By LYNNLEY BROWNING
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The Internal Revenue Service has issued new rules applying to a multibillion-dollar I.R.S. program that allows foreign banks to funnel money overseas on behalf of American clients .
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KPMG Tax Shelter Case Heads to Trial, on a Smaller Scale
Posted: October 15th, 2008, 1:09am EDT by By LYNNLEY BROWNING
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Jury selection began in a closely watched tax-shelter case once billed as the largest ever, but prosecutors face an uphill battle after a string of defeats in a proceeding that has been scaled back.
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Ex-UBS Counsel Settles Trading Case
Posted: October 7th, 2008, 9:33pm EDT by By LYNNLEY BROWNING
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The former bank executive, David Aufhauser, had previously been the top in-house lawyer at the Treasury Department and also served on the Justice Department’s corporate fraud task force.
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Trying to Ease Credit, I.R.S. Eases Loan Regulations
Posted: October 7th, 2008, 2:09am EDT by By LYNNLEY BROWNING
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The Internal Revenue Service has taken steps to help ease the credit crisis by allowing corporations to ramp up their use of tax-free loans from overseas subsidiaries.
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New Salvo in Splenda Skirmish
Posted: September 23rd, 2008, 1:43am EDT by By LYNNLEY BROWNING
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A new university study financed by the Sugar Association is likely to fuel questions about the relationship between the private sector and academia.
NYT > Health
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New Salvo in Splenda Skirmish
Posted: September 23rd, 2008, 1:43am EDT by By LYNNLEY BROWNING
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A new university study financed by the Sugar Association is likely to fuel questions about the relationship between the private sector and academia.
NYT > Business
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Billionaire Sues UBS, Claiming Fraud
Posted: September 17th, 2008, 1:58am EDT by By LYNNLEY BROWNING
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The Swiss banking giant was sued on Tuesday by one of its former top private-banking clients, Igor Olenicoff, as a federal investigation into its offshore services unfolds.
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Study Tallies Corporations Not Paying Income Tax
Posted: August 13th, 2008, 1:00pm EDT by By LYNNLEY BROWNING
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Two out of every three United States corporations paid no federal income taxes from 1998 through 2005, according to a report by the Government Accountability Office.
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Study Tallies Corporations Not Paying Income Tax
Posted: August 13th, 2008, 1:00pm EDT by By LYNNLEY BROWNING
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Two out of every three United States corporations paid no federal income taxes from 1998 through 2005, according to a report by the Government Accountability Office.
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I.R.S. Offers to Settle Tax-Shelter Dispute
Posted: August 6th, 2008, 3:33pm EDT by By LYNNLEY BROWNING
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The I.R.S. offered more than 45 companies the opportunity to settle disputes over the use of certain tax shelters that have been used to shield billions of dollars in income.
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Another Setback for UBS in Tax Inquiry
Posted: July 1st, 2008, 6:48pm EDT by By LYNNLEY BROWNING
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A federal judge on Tuesday cleared the way for prosecutors to force the Swiss bank UBS to turn over the names of clients as part of an investigation of its offshore private banking practices.
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U.S. Seeks Names of UBS Clients
Posted: July 1st, 2008, 12:37am EDT by By LYNNLEY BROWNING
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U.S. authorities asked a federal court to force the Swiss bank to turn over the names of wealthy American clients suspected of evading taxes through secret offshore accounts.
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A One-Time Tax Break Saved 843 U.S. Corporations $265 Billion
Posted: June 23rd, 2008, 10:14pm EDT by By LYNNLEY BROWNING
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More than 840 of the largest American corporations reaped a $265 billion windfall thanks to a one-time tax break aimed at bringing home profits stashed overseas.
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Wealthy Americans Under Scrutiny in UBS Case
Posted: June 6th, 2008, 12:52am EDT by By LYNNLEY BROWNING
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As federal authorities intensify an investigation into offshore bank accounts, the secrets of this rarefied world are being dragged into the open.
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Ex-UBS Banker Expected to Plead Guilty and Cooperate With Investigation
Posted: May 30th, 2008, 12:15am EDT by By LYNNLEY BROWNING
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A banker indicted in a tax inquiry of the Swiss giant UBS is expected to enter a guilty plea next month and cooperate with investigators.
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Federal Prosecutors Declare European Banker a Fugitive
Posted: May 23rd, 2008, 2:01am EDT by By LYNNLEY BROWNING
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The indictment of the banker in a widening investigation of UBS over its private banking business put further pressure on the bank’s operations.
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Ex-Banker From UBS Is Indicted in Tax Case
Posted: May 14th, 2008, 1:10am EDT by By LYNNLEY BROWNING
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A former UBS banker and another man were charged for their alleged role in a tax evasion scheme.
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UBS Banker Detained in Tax Inquiry
Posted: May 7th, 2008, 10:54am EDT by By LYNNLEY BROWNING
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A top-ranking UBS executive was briefly detained in the United States in connection with an investigation into the bank’s work with questionable tax transactions, the bank said.
NYT > Home Page
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UBS Banker Detained in Tax Inquiry
Posted: May 7th, 2008, 10:54am EDT by By LYNNLEY BROWNING
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A top-ranking UBS executive was briefly detained in the United States in connection with an investigation into the bank’s work with questionable tax transactions, the bank said.
NYT > Business
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Government Intensifies Mortgage Investigation
Posted: May 4th, 2008, 11:17pm EDT by By LYNNLEY BROWNING
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The F.B.I. and the I.R.S. are said to be investigating whether some mortgage lenders turned a blind eye when prospective borrowers used inflated income figures.
NYT > Home Page
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Government Intensifies Mortgage Investigation
Posted: May 4th, 2008, 11:17pm EDT by By LYNNLEY BROWNING
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The F.B.I. and the I.R.S. are said to be investigating whether some mortgage lenders turned a blind eye when prospective borrowers used inflated income figures.
NYT > Business
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I.R.S. Scrutiny of Big Firms Plummets, Study Says
Posted: April 14th, 2008, 7:21am EDT by By LYNNLEY BROWNING
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The I.R.S.’s scrutiny of the nation’s biggest companies is at a 20-year low, “a historic collapse in audits,” according to a new study. -
U.S. Says It Will Increase Efforts Against ‘Tax Defiers’
Posted: April 9th, 2008, 1:40am EDT by By LYNNLEY BROWNING
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If you think paying taxes is unfair, illegal or unconstitutional, then watch out — the Justice Department is after you.