tag:blogger.com,1999:blog-1519969502186924526.post2480592211276719205..comments2023-10-24T08:00:53.865-05:00Comments on Federal Tax Crimes: Another UBS Depositor Pleads Guilty (5/4/12)Jack Townsendhttp://www.blogger.com/profile/14469823736335455874noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1519969502186924526.post-28869021833134095492012-05-05T07:43:19.377-05:002012-05-05T07:43:19.377-05:00"Gomez was accused of maintaining a secret ba..."Gomez was accused of maintaining a secret bank account in the British Virgin Islands to avoid paying U.S. taxes on income from companies he owned, according to the charges and a news release from the U.S. Attorney’s office. Some of the income was from Venezuelan companies, the government said.<br />Gomez’s UBS account was in the name of a company called Bullrush Overseas.<br />According to the charges, Gomez was in the business of selling auto body parts and stamped metal.<br />He allegedly opened the secret account at UBS in 2004, and it contained as much as $1.4 million between 2004 and 2007."<br /><br />From Miami heraldAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-60705710916509768712012-05-05T07:23:43.040-05:002012-05-05T07:23:43.040-05:00I think there is more to this story than I could f...I think there is more to this story than I could find in posting the item. If readers know, please leave comments to flesh out.<br /><br />I don't think, however, that it should worry "minnows." Most importantly, an entity interjected to hide the account was involved. I am not in a position to check the spreadsheet, but I think that all of the prosecutions have involved entities. Plus a very large amount of money was involved (not tax loss but the high amount in the account).<br /><br />There are just too many missing elements to draw any conclusions at this point.<br /><br />Jack TownsendJack Townsendhttps://www.blogger.com/profile/14469823736335455874noreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-5985649271632542392012-05-05T05:00:23.743-05:002012-05-05T05:00:23.743-05:00With only 10K loss if this is how this case is goi...With only 10K loss if this is how this case is going, then is going forward for minnows whose balance is 100K, 200k, 300K ranges and tax loss is ard this 10K but all legitimate income, may not be a good idea any more? Perhaps either opt out or stay silent completely and pray for statue to expire. Jack what would you say to this?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1519969502186924526.post-52112329124539823222012-05-04T09:48:41.090-05:002012-05-04T09:48:41.090-05:00sorry for him, he should have read this blog befor...sorry for him, he should have read this blog before being caught !ijhttp://ij.orgnoreply@blogger.com