logo

TaxProf Blog

Ad: BlueJ Better Tax Answers. -Accomplish hours of research in seconds -Instantly draft high-quality communications -Verify answers using a library of trusted tax content. Learn more

First UBS Client Pleads Guilty to Offshore Tax Evasion

Paul Caron
, ,

The Department of Justice and IRS announced that the first UBS client pleaded guilty today to tax evasion.  Steven Michael Rubinstein, a Boca Raton accountant, pleaded guilty to filing a false 2004 tax return by failing to disclose the existence of a Swiss bank account maintained by UBS of which he was the beneficial owner and failed to report any income earned on that account.  United States v. Rubinstein, S.D. Fla., No. 09-6116).

About the Author

Paul Caron Avatar
Paul Caron
Paul Caron was named Duane and Kelly Roberts Dean of Pepperdine University School of Law on June 1, 2017. Dean Caron joined the Pepperdine faculty in 2013 after serving as the Dorothy and Leonard Straus Distinguished Visiting Professor of Law in the spring semesters of 2010 through 2013. He served as Associate Dean for Research and Faculty Development at Pepperdine in 2015-2017. Before coming to Pepperdine, he was Associate Dean of Faculty and Charles Hartsock Professor of Law at the University of Cincinnati College of Law.
Ad: BlueJ Better Tax Answers. Blue J's generative AI tax research solution is transforming how tax experts work. Learn more.
Information and rates on advertising on TaxProf Blog

4 responses to “First UBS Client Pleads Guilty to Offshore Tax Evasion”

  1. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  2. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  3. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  4. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  5. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  6. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  7. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  8. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  9. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    FBAR filing due today!

    Today is the deadline for Form 90-22.1, the foreign financial account report — otherwise known as the “FBAR” filing. There…

  10. Storm Higgo Avatar
    Storm Higgo

    I think it’s incredibly arrogant of the US IRS to demand that a foreign bank divulge US customers indentities. The USA has no right to demand foreign governments to comply with its tax code.
    Switzerland has her own strict banking laws, luckily enough for the people fortunate enough to keep their funds safe from illegal wars and corrupt politicians.

Discover more from TaxProf Blog

Subscribe now to keep reading and get access to the full archive.

Continue reading