Posts tagged as:

Deutsche Bank

Deutsche Bank Settles Tax Shelter Case

22 December 2010

The IRS is on a tear with the big banks. First UBS, now Deutsche Bank (DB). The eight year investigation into UBS’ role in assisting US taxpayers commit tax fraud has been resolved and the tab isn’t as bad as originally feared. DB agreed to pay $553 million in fees and penalties; that amount represents [...]

3 comments Read the full article →

Indictments, Kickbacks and Pleas, Oh My!

15 December 2008

Jay Gordon, the former chair of the tax practice at Greenberg Traurig, has pleaded guilty to two counts of obstructing the due administration of the internal revenue laws, and conspiracy to defraud the IRS and to violate the tax laws. Gordon revealed his “misconduct” to Greenberg in 2004 and resigned from the bar two years [...]

0 comments Read the full article →

Deutsche Bank Comes Under Fire Again

17 November 2008

As the federal government ramps up efforts to shut down illegal tax shelters and make it more difficult for banks and financial institutions to assist US taxpayers in hiding money, another bank has come under intense scrutiny. Deutsche Bank, one of Germany’s most powerful financial institutions, has been identified in an unsealed indictment as involved [...]

3 comments Read the full article →