IRS issued Jon Doe’s to identify TCSP clients they suspected of evading U.S. taxes
18/12/2024
OffshoreAlert offshorealert@offshorealert.com has reported:-
- In an attempt to identify clients of TRIDENT TRUST GROUP who are suspected of evading U.S. taxes,
- The IRS has taken significant steps to identify clients of the Trident Trust Group suspected of evading U.S. taxes.
- They have filed petitions in federal courts in New York, Georgia, and South Dakota to serve ‘John Doe Summonses’ on various entities, including courier services, financial institutions, correspondent banks, and a New York-based firm called Nevis Services Ltd
A ‘John Doe Summons’ is a tool the IRS uses to obtain information about unidentified taxpayers from third parties. This move is part of a broader effort to crack down on tax evasion and ensure compliance with U.S. tax laws2.
Source:
(1) IRS files ‘John Doe Summons’ petitions to identify Trident Trust Group .... https://www.offshorealert.com/irs-files-john-doe-summons-petitions-to-identify-trident-trust-clients-suspected-of-u-s-tax-evasion/.
(2) The IRS Continues Aggressive Use of John Doe Summonses to Investigate .... https://www.gtlaw.com/en/insights/2021/5/irs-continues-aggressive-use-john-doe-summonses-investigate-tax-evasion-cryptocurrency.
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.