March 14th, 2011
I have found a number for the amount of dirty money that is attracted into the United States on account of the secrecy facilities it provides: US$3 trillion. Yes, three trillion dollars
. Which goes quite some way to explaining why the United States came top of the Tax Justice Network’s Financial Secrecy Index
The number comes from a letter
to Tim Geithner, US Treasury Secretary, sent by every single member
of the Florida Delegation to the House of Representatives. They are whinnying about new proposed IRS regulations
for the United States to be more transparent about what foreigners earn there. Currently, almost...
July 17th, 2009
WASHINGTON – A federal court has permanently barred a Ft. Lauderdale, Fla.,-area woman and her company from preparing federal income tax returns for others, the Justice Department announced today. According to the government complaint in the case, Carole Exantus of Plantation, Fla., operated a company called J’s Corporation in Miami. The court found that J’s Corporation repeatedly prepared federal income tax returns claiming false tax credits and deductions that it knew would result in understating customers’ tax liabilities. Exantus agreed to the permanent injunction order without admitting wrongdoing.
July 17th, 2009
The government has filed an action in Miami federal court to shut down a Hialeah tax preparer.
July 7th, 2009
Miami Herald - The state's role in the operation of accused swindler Allen Stanford stinks. As reported in a detailed story in this newspaper on Sunday, Florida regulators allowed Mr. Stanford to set up a dubious, one-of-a-kind office to handle vast investments, but never bothered to find out what he was doing with the money or whether he was playing by the rules.