Fresh charges have been levelled at a former partner of KPMG US, in the trial
relating to dubious tax shelters.
David Greenberg is expected to be formally charged before federal Judge Lewis
Kaplan in Manhattan today.
According to court papers, prosecutors have now narrowed down the charges
against him to one count of conspiracy and nine counts of tax evasion.
Greenberg, who originally faced 39 counts of tax evasion and among 19 other
alleged co-conspirators, is alleged to have taken part in a scheme with others
to defraud the US tax authorities by designing and selling questionable tax
shelters, Reuters reported.
The shelters are alleged to have led to avoidance of more than $100m.
The firm itself avoided being drawn into the case by settling a federal probe
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy