Archive | May, 2015

IRC Sec. 7525 Attorney-Client Privilege

May 27, 2015  |   Posted by :   |   International Tax Planning   |   0 Comments

IRC Sec. 7525, re: taxpayer attorney-client privilege states: 7525(a)(1) General Rule: With respect to tax advice, the same common law protections of confidentiality which apply to a communication between a taxpayer and an attorney shall apply to a communication between a taxpayer and any federally authorized tax practitioner to the extent, the communication would be considered […]

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New Website – CaliforniaWineExports.US

May 18, 2015  |   Posted by :   |   EB-5 Visa,IC-DISC,International Investors,Wine Exports   |   0 Comments

The Wolfe Law Group is pleased to announce the launching of our newest website: (George Pessin, Managing Director). The website was the result of years of research and includes an all-star team of advisors (see our team). The goal is to increase California wine exports (currently out of $24.5B in annual CA wine sales, […]

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Second Swiss Bank Enters Tax Evasion Program

May 12, 2015  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

A second Swiss Bank, Vadian Bank, has signed up for the US Dept. of Justice settlement to avoid prosecution for offshore tax evasion, and agreed to pay a fine of $4.25m (the first Swiss Bank, BSI paid $211m fine in 3/15). In addition, the bank has agreed to supply detailed information on US taxpayer accounts […]

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JPMorgan probed over role in French tax evasion case

May 07, 2015  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

JPMorgan is being investigated in France, suspected of being an accessory to tax evasion. JPMorgan financed transactions on behalf of as many as 14 executives at the investment firm, Wendel, who face charges for tax evasion for 2004-2007 transactions. The French authorities have been investigating Wendel for 3 years for tax evasion and insider trading […]

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Celebrity Tax Problems: Lionel Messi

May 05, 2015  |   Posted by :   |   Tax Evasion,Unreported Income   |   0 Comments

World-acclaimed Spanish soccer player, Barcelona forward Lionel Messi is a target in Spain’s continuing investigation of the “rich and famous” for tax evasion (Spain’s Princess Cristina and her husband, face criminal trial for tax evasion). Messi is alleged to have transferred his “image rights” (i.e. name, likeness) to offshore companies in tax havens and not […]

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Tax Planning for U.S. and California Wine Exports

May 04, 2015  |   Posted by :   |   EB-5 Visa,International Investors   |   0 Comments

I am pleased to announce the publication of my latest ebook, Tax Planning for U.S./California Wine Exports, (with co-author, Ryan Losi, CPA) now available on Amazon. By all accounts, the California wine industry is booming, however there is much room for growth especially to China. An EB-5 visa for a foreign investor can help finance […]

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