News
Trump drops $10 billion lawsuit against IRS
58+ min ago (516+ words) In exchange for ending the lawsuit, the Department of Justice will set up a nearly $1. 8 billion fund to compensate people wrongfully investigated by the government. MIAMI (CN) " President Donald Trump'ended his $10 billion lawsuit against the'Internal Revenue Service and U. S. Department of…...
DOJ Unveils $1. 776 B "Weaponization" Fund as Trump Drops $10 B IRS Lawsuit
20+ min ago (652+ words) The Justice Department on Monday announced the creation of a $1. 776 billion compensation fund for individuals and entities described as "improperly targeted" by federal agencies during the Biden administration. The fund has been established in lieu of President Donald Trump's $10 billion…...
IRS Rejects Claim of Bona Fide Residency in Puerto Rico and Asserts Fraud
5+ min ago (454+ words) The Notice of Deficiency, which prompted the U. S. Tax Court case, also proposes substantial penalties against the taxpayer for civil fraud under IRC Section 6663. If the IRS cannot demonstrate civil fraud, then the Notice of Deficiency proposes alternative accuracy-related penalties. The…...
Pop star Shakira is acquitted in a Spanish tax fraud case
3+ hour, 57+ min ago (423+ words) The decision follows years of tax troubles in Spain for the Colombian superstar. The ruling relates to a dispute over the 2011 tax year in which Spanish authorities failed to prove that the singer was a resident of Spain, the Madrid-based…...
Singer Shakira acquitted in tax fraud case in Spain
1+ hour, 33+ min ago (418+ words) The decision follows'years of tax troubles'in Spain for the Colombian superstar. The ruling relates to a'dispute over the 2011 tax year'in which Spanish authorities failed to prove that the singer was a resident of Spain, the Madrid-based court said in its…...
Shakira Cleared in Spanish Tax Fraud Case After 8-Year Legal Battle
1+ hour, 56+ min ago (177+ words) A Spanish court has acquitted Shakira of tax fraud, ordering a "55 million refund. The ruling ends an eight-year battle, reshaping global tax jurisprudence. The court's directive for the government to refund "55 million marks a rare and humiliating defeat for the…...
Shakira Wins Big: Spanish Court Drops "55 M Tax Demand
1+ hour, 16+ min ago (386+ words) " SHAKIRA WINS BIG! " The queen has officially beaten a "55 million tax demand in Spain, with the court ordering a full refund PLUS "9 million in interest! "After 8 years of what she calls "brutal public pillory," justice has finally been served. Fans,…...
Trump Drops $10 Billion Lawsuit Over Tax Return Leak
22+ min ago (193+ words) President Donald Trump has dropped a $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns, according to new court filings in Florida. The lawsuit, filed by Trump, his sons Donald Trump Jr. and Eric Trump,…...
Tax evasion scheme in construction uncovered in Chi'in'u worth 7 million lei
2+ hour, 42+ min ago (213+ words) Officers of the Main Department for Combating Fraud of the State Tax Service and the Prosecutor's Office for Combating Organized Crime and Special Cases (PCCOCS) report the uncovering of a tax evasion and money laundering scheme worth over 7, 000, 000 lei committed…...
Justice Dept. finalizing deal in Trump's $10 B IRS lawsuit
2+ hour, 17+ min ago (61+ words) KITV The Justice Department is finalizing a deal to settle President Trump's $10 billion lawsuit against the IRS that would create a $1. 7 billion taxpayer-funded commission to settle claims by people alleging harm from what Trump called "weaponization" of the justice system,…...