IRS Gets OK To Seek Bank Info For Finnish Tax Evasion Probe
Law360 (May 1, 2019, 6:36 PM EDT) -- A North Carolina federal court greenlighted the IRS to request information from three major American banks on certain account holders suspected to have evaded taxes in Finland, according to a Wednesday announcement from the U.S. Department of Justice.
The Finnish Tax Administration is working with the Internal Revenue Service to uncover the identities of those connected to three bank cards used hundreds of times in Helsinki. (AP) To assist with an investigation by Finland’s revenue agency into whether some of its residents avoided taxes by diverting their income into U.S. banks, the Internal Revenue Service may now issue summonses to Bank of...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!