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The IRS Whistleblower Office is a branch of the United States Internal ... In October 2012, IRS Whistleblower Office awarded $38,037,899 to one corporate ...
The good news was that he got a $104 million payment from the IRS for his role in catching tax evaders using Swiss banks to hide money. Under the IRS whistleblower program, which was
The $104 million award is the largest yet to come from the IRS whistle-blower program, designed to incentivize tipsters to report tax dodging. Taxpayers underpay by $385 billion annually, the IRS ...
Birkenfeld was released from prison on 1 August 2012. [13] On 11 September 2012, the IRS Whistleblower Office paid Birkenfeld a $104 million award for acting as a corporate whistleblower. [13] The Swiss media credit Birkenfeld's act with affecting a sea change in Swiss banking.
In the United States, he was convicted by the DOJ for a single charge of fraud conspiracy and served 30 months in a federal penitentiary from 2010 to 2012 with a fine of $30,000. After he applied for whistleblower status and protection, the Internal Revenue Service (IRS) awarded him a settlement of $104 million through their Whistleblower Office .
Lawmakers hoped the IRS whistleblower office would become the ultimate weapon against tax evasion. Instead, it's leaving billions on the table.
He made history in 2012 when he received the largest ever whistleblower reward of $104 million from the IRS Office of the Whistleblower for reporting tax fraud. [ 12 ] [ 13 ] His disclosures resulted in unprecedented recoveries for US taxpayers with over $5 billion collected from US citizens with illegal "undeclared" offshore accounts and $780 ...
Joan Smith, 52, a Philadelphia-based artist, was preparing to go in for spinal surgery in 2010 when the IRS put a $10,000 tax lien on her bank account -- which was more money than she had in the bank.