Monday, March 9, 2009

A Taxpayer Defendant Victory

Although a bit old news now (it happened last week), I post this item to make sure readers know about it if they have missed other news sources. The Government's much ballyhooed case about abuse of the Virgin Islands Economic Development Program which offered tax magic for taxpayers earning effectively connected income from a business in the Virgin Islands. (See the DOJ Announcemennt of the Case here.) For more on this taxpayer victory - Government loss, see the report in the Tax Prof Blog here. For those who just love to review not guilty verdicts, see this link from the Tax Prof Blog web page.

One of the defendants in that case was represented by Chuck Meadows, a major player in tax crimes and white collar crimes defense.

For a related article on the White Collar Crime Prof Blog, click here.

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