IRS Found To Exceed Cap On Penalty For Offshore Reporting

By Natalie Olivo · May 18, 2018, 9:15 PM EDT

The Internal Revenue Service went beyond the cap on civil penalties it can assess for undisclosed offshore bank accounts, a Texas federal judge has ruled, rejecting the agency's argument that regulations...

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Documents

Case Information

Case Title

United States of America v. Colliot

Case Number

1:16-cv-01281

Court

Texas Western

Nature of Suit

Forfeit/Penalty: Other

Date Filed

December 07, 2016