A seller of illegal US tax-evading trust schemes has been sentenced to more
than 13 years in prison.
Former Aegis manager William Cover, 72, was convicted of tax conspiracy, mail
fraud, wire fraud, aiding and assisting the preparation of false tax documents
and filing false personal tax returns, according to WebCPA.
The court also ordered the forfeiture of Court’s home and $4,125,000
His 160-month sentence follows the conviction of another scheme leader
earlier in the month. Michael Vallone received an 18-year jail term for his part
in the selling of domestic and foreign trust packages to wealthy taxpayer
clients to help them hide income from the IRS.
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC