“In a civil lawsuit that has attracted notice among tax experts, the government wants to collect nearly $3.5 million in penalties from a taxpayer who had a secret Swiss account, although the account balance was never higher than $1.7 million. The lawsuit, U.S. v. Carl R. Zwerner , was filed in federal court in Miami last month. Spokesmen for the Justice Department and Internal Revenue Service declined to comment on the case. Mr. Zwerner, 86 years old, is a retired specialty-glass importer living in Coral Gables, Fla. The U.S. government alleges he had an undeclared account at an ABN Amro bank in Switzerland from 2004 through 2007.”
http://online.wsj.com/article/SB10001424127887324694904578598230978458720.html
Related posts:
ACLU Sues U.S. Govt Over Secret NO-FLY List
AP chief to Obama: Spying on reporters is ‘an unconstitutional act’
Families hoard cash 5 yrs after crisis
Europeans slammed by austerity measures now enraged by political corruption
Las Vegas Sands’ Sheldon Adelson ‘Morally Opposed’ to Online Betting
Voters post ballot selfies online in protest of new social media law
In a Tough Job Market, Who’s Employed and Who's Not
Some Venezuelan Socialists Are Now Pushing for Free-Market Reforms
Egyptian security forces open fire in dawn raid on praying pro-Morsi supporters, 42 dead
Obama’s Backers Seek Big Donors to Press Agenda
Appeals court upholds Fed's 21-cent cap on retailer 'swipe fees'
Google could be fined £4.4bn as Brussels signals legal challenge
Italian factory owner moves company to Poland while staff are on holiday
Police Allegedly Fire 41 Shots At Unarmed Man
Genetically-modified cyborg dragonflies can be remotely controlled to spy on people