Jack Townsend offers this blog on Federal Tax Crimes principally for tax professionals and tax students. It is not directed to lay readers -- such as persons who are potentially subject to U.S. civil and criminal tax or related consequences. LAY READERS SHOULD READ THE PAGE IN THE RIGHT HAND COLUMN TITLE "INTENDED AUDIENCE FOR BLOG; CAUTIONARY NOTE TO LAY READERS." Thank you.
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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?
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