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Leniency for Offshore Cheats
Posted By admin On May 6, 2013 @ 8:03 am In Money Watch | Comments Disabled
Wall St Journal 
May 6, 2013
U.S. courts are doling out more lenient punishment to tax evaders hiding money offshore than to other tax cheats.
Despite a high-profile government crackdown on secret offshore financial accounts since 2009, the average sentence in those cases has been about half as long as in some other types of tax cases, according to a comparison of Internal Revenue Service statistics and data compiled by former U.S. Justice Department lawyer Jack Townsend.
In many cases, judges are also opting for shorter sentences than recommended under federal guidelines.
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URLs in this post:
 Wall St Journal: http://online.wsj.com/article/SB10001424127887323687604578465132983095400.html?mod=WSJ_hp_LEFTWhatsNewsCollection
 IRS Auditing How GOOGLE Shifted Profits Offshore to Avoid Taxes: http://www.prisonplanet.com/irs-auditing-how-google-shifted-profits-offshore-to-avoid-taxes.html
 IRS to monitor Facebook, Twitter for tax cheats: http://www.prisonplanet.com/irs-to-monitor-facebook-twitter-for-tax-cheats.html
 IRS Intensifies Global Hunt for Secret Offshore Bank Accounts: http://www.prisonplanet.com/irs-intensifies-global-hunt-for-secret-offshore-bank-accounts.html
 US Companies Keeping Even More Money Offshore: http://www.prisonplanet.com/us-companies-keeping-even-more-money-offshore.html
 Banks, Global Elite Confirmed to Hold $32 Trillion in Offshore Accounts: http://www.prisonplanet.com/banks-global-elite-confirmed-to-hold-32-trillion-in-offshore-accounts.html
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