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Tax loophole lets the rich hide billions offshore, report finds

A gaping hole in U.S. tax laws is allowing the rich to stash billions offshore in foreign bank accounts, according to lawmakers.

United statesCayman islandsRobert brockmanRon wydenAshley schapitlKathy keneallyTreasury departmentDepartment of justiceSenate finance committeeTrump organizationJones dayRich americansSenate financeAccount tax compliance actGlobal intermediary identification numbersInflation reduction act

Rich Americans hide billions offshore thanks to tax loophole, Senate panel finds

Case of Robert Brockman shows it's "shockingly easy" to avoid foreign-reporting laws, report finds.

United statesCayman islandsRobert brockmanRon wydenAshley schapitlKathy keneallyTreasury departmentDepartment of justiceSenate finance committeeJones daySenate financeAccount tax compliance actGlobal intermediary identification numbersInflation reduction actInternal revenue serviceTax fraud

Billionaire Robert Brockman, Charged In Historic Tax Evasion, Dead At 81

Brockman was charged in what is being called the largest tax evasion case against one person in U.S. history.

United statesDavidl andersonRobert brockmanKathy keneallyDepartment of justiceJustice departmentUs department of justiceBillionaire robert brockmanSan franciscoNorthern districtKathy keneallyTax evasion case

Robert Brockman, software developer who fought IRS, dies

A multibillionaire software entrepreneur and investor who was indicted in a landmark tax-evasion case has died at 81.

United statesSankt peterburgBritish virgin islandsUniversity of floridaRice universityBaylor college of medicineJames leeMark felix bloombergRobert brockmanBrockman hallAlfred eugene brockmanRobertf smithRobert tysonBob brockmanRobert theron brockmanKathy keneally

Billionaire Robert Brockman, Charged In Historic Tax Evasion, Dead At 81

Billionaire Robert Brockman, Charged In Historic Tax Evasion, Dead At 81
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United statesDavidl andersonRobert brockmanKathy keneallyDepartment of justiceJustice departmentUs department of justiceBillionaire robert brockmanSan franciscoNorthern district