Directions: Read the WSJ articles below that show the scope of offshore tax evasion.
Directions:
- Read the WSJ articles below that show the scope of offshore tax evasion.
- Write between a 1/2 page up to one page response summarizing what you found interesting in these articles and submit as a PDF.
Articles:
UBS Whistleblower Gets $104 Million
Credit Suisse Pleads Guilty in Criminal Tax Case
Uber Warehouses for the Ultra Rich
Summary: These article links above represent just a few examples related to offshore tax evasion. To date 84 foreign banks have entered into deferred prosecution agreements and paid hefty penalties with the US Dept. of Justice. https://www.justice.gov/tax/swiss-bank-program
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