Mark E. Matthews Quoted in Tax Notes, Will U.S. Hypocrisy on Information Sharing Continue?
01.21.2013
Tax Notes
Excerpt taken from the article.
Tax Evasion was not taken seriously before Birkenfeld.
How did it get so bad? Until recently, tax evasion was not taken seriously in the United States or the United Kingdom. In the United States, former UBS banker Bradley Birkenfeld forced tax evasion into the open. The IRS, with the apparent blessing of the Senate, had been ignoring rich people's tax misdeeds for years.
"The entire offshore world was a black hole," said former Justice Department attorney Mark E. Matthews of Caplin & Drysdale at the OffshoreAlert conference. Then Birkenfeld proved that the stories were true.
Please click on the above PDF to read the complete article.
Tax Evasion was not taken seriously before Birkenfeld.
How did it get so bad? Until recently, tax evasion was not taken seriously in the United States or the United Kingdom. In the United States, former UBS banker Bradley Birkenfeld forced tax evasion into the open. The IRS, with the apparent blessing of the Senate, had been ignoring rich people's tax misdeeds for years.
"The entire offshore world was a black hole," said former Justice Department attorney Mark E. Matthews of Caplin & Drysdale at the OffshoreAlert conference. Then Birkenfeld proved that the stories were true.
Please click on the above PDF to read the complete article.
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