Friday, February 16, 2018
Caroline D. Ciraolo (Kostelanetz & Fink, Washington, D.C.; former Acting Assistant Attorney, U.S. Department of Justice Tax Division) presents The Impact of Global Tax Enforcement at San Francisco today as part of the E. L. Wiegand Visiting Fellow Lecture Series:
Countries around the world are calculating their respective tax gaps and increasing their investment in civil tax enforcement as information regarding offshore tax evasion takes center stage with the surge of whistleblowers and data leaks. At the same time, law enforcement officials are reviewing information obtained from various sources to identify individuals and entities engaged in tax evasion and to pursue criminal investigations. With this looming threat of discovery, taxpayers are considering voluntary disclosure programs to avoid the increasingly severe consequences of non-compliance.
Ciraolo will discuss this new era of global tax enforcement and its impact on taxpayers, their advisors, and third party gatekeepers, including banks and other financial service providers.