In September 2010, the Financial Crimes Enforcement Network (“FinCEN”) issued a Notice of Proposed Rulemaking that would increase the reporting requirements associated with cross-border electronic transmittals of funds (“CBETF”) for […]
IRS Finalizes Regulations Requiring Corporations to file Uncertain Tax Position Statements On December 15, 2010, the Internal Revenue Service (IRS) issued final regulations requiring certain corporations with both uncertain tax […]
Tax documents such as tax accrual work papers or tax memorandums often become case preparation materials when the taxpayer later presents himself in court to contest a deficiency assessed by the Internal Revenue Service (IRS).
We had earlier blogged on the indictment of Lauren Stevens, the former Vice-President and Associate General Counsel for GlaxoSmithKline for allegedly making false statements and obstruction of justice in regard […]
The federal government has yet again successfully enforced the Foreign Corrupt Practices Act (“FCPA”) as Alcatel-Lucent, the large Paris-based telecommunications company, has agreed to pay more than $137 million to […]
Recently, the court appointed receiver of Creative Capital Consortium, LLC, the organization at the center of a massive Haitian ponzi scheme, filed a civil suit in the United States District […]
An outbreak of salmonella has led to a second recall of produce this week. Yesterday, representatives from J&D Produce, Inc. announced that it was recalling its cilantro and parsley after […]
In its continuing ramp up of enforcement of the Foreign Corrupt Practices Act, (“FCPA”), the government recently announced the indictments of two former senior executives of Latin Node, Inc., a […]
On December 22, 2010, the United States Attorney’s Office for the Southern District of New York issued a press release, found here, regarding a former UBS client who entered a guilty plea to conspiring […]
A recent poll found that consumers are skeptical of products that claim to be “natural.” The survey, performed by Mango Sprouts Marketing, shows that consumers are dissatisfied with the unregulated […]
