As we have reported in past years the U.S. government actively pursues taxpayers that are committing tax fraud and other tax crimes. The Justice Department publicizes its successes in its press releases. The press releases continue to demonstrate an impressive list of tax-related convictions, guilty pleas, injunctions, summonses, and other actions against taxpayers (and tax preparers). Many of the tax fraud schemes include offshore activities. See, for instance:
- Court Authorizes Service of John Doe Summonses Seeking Information About Finnish Residents Using Bank of America, Charles Schwab, and TD Bank Payment Cards Linked to Non-Finnish Bank Accounts
- Zurich Life Insurance Company Ltd. and Zurich International Life Limited Enter Agreement With U.S. Regarding Insurance Products
- Mizrahi-Tefahot Bank LTD. Admits Its Employees Helped U.S.Taxpayers Conceal Income and Assets
- Houston Attorney Charged in Offshore Tax Evasion Scheme
- Former Executive of Loyal Bank Ltd Pleads Guilty to Conspiring to Defraud the United States by Failing to Comply with Foreign Account Tax Compliance Act (FATCA)
- Canadian Man Sentenced to Prison for Promoting Tax Fraud Scheme
- Justice Department Announces Deferred Prosecution Agreement With Basler Kantonalbank
