This blog on Federal Tax Crimes is for tax professionals and tax students. It is not directed to lay readers -- such as persons who are potentially subject to civil and criminal tax or related consequences. LAY READERS SHOULD READ THE PAGE IN THE RIGHT HAND COLUMN TITLED LAY READER LIMITATIONS. Also, please see the page in the right hand column to vote on this blog as a Top Tax Law Blog.
Saturday, August 29, 2009
Get in Line Brother #23 - States Want Their Pound of Flesh
The Tax Prof Blog reports today here that the State of Connecticut is requesting the names of persons disclosed to the U.S. under the recent agreements among the U.S., Switzerland and UBS. Get in line brother? Will the assurance of no prosecution by the feds under the IRS Voluntary Disclosure Practice avoid prosecution by the states which certainly an equally compelling interest in their respective fiscs?
Labels:
FBARs,
Offshore evasion,
Voluntary Disclosure
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment
Please make sure that your comment is relevant to the blog entry. Your comment is moderated before being posted so there will be a time delay. Also, for those regular commenters on the blog who otherwise do not want to identify by name, readers would find it helpful if you would choose a unique anonymous indentifier other than just Anonymous. This will help readers identify other comments from a trusted source, so to speak.