TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Wednesday, May 11, 2011

WSJ: Prosecution of Tax Lawyer Daugerdas Enters Home Stretch

Am Lawyer Wall Street Journal Law Blog, Prosecution of Tax Lawyer Daugerdas Enters Home Stretch:

The most unavoidable things in life, the saying goes, are death and taxes.

But that didn’t stop tax lawyer Paul Daugerdas [right, featured in The American Lawyer December 2003 cover story, Helter Shelter]and others from trying to offer wealthy clients a way out of taxes, said assistant U.S. Attorney Nanette Davis, in her closing argument Tuesday of the 10-week tax fraud trial of Daugerdas and four others.

Daugerdas, you recall, ran a lucrative tax practice at the former Dallas firm Jenkens & Gilchrist, but the firm and Daugerdas’s career imploded after he was charged with selling fraudulent tax shelters. ...

Daugerdas’ lawyer Chris C. Gair, of Jenner, noted: “Daugerdas is a tax lawyer. It’s his job to interpret the Internal Revenue Code, to advise his clients and to do his best to help those clients pay the least amount of taxes they lawfully can.”

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The Wall Street Journal Law Blog has an update on the criminal trial of Paul Daugerdas. Mr. Daugerdas is probably... [Read More]

Tracked on May 11, 2011 6:33:02 AM