1. The article “$125 million paid to IRS whistleblowers” by James
O'Toole discusses how former UBS banker Bradley Birkenfeld
got a $104 million reward for exposing the firm's program to
help U.S. taxpayers hide their assets, though he also received a
40-month prison term for his alleged part in the scheme. Please
discuss any changes to the current whistleblower program you
would recommend to prevent participant such as Birkenfeld
from profiting from tax evasion schemes.
Also
"Tax Evasion"
Please respond to the following:
Analyze the various forms of penalties that occur as a result of
tax evasion. Share your opinion on these penalties. Recommend
a way in which to reduce the occurrences of tax evasion in the
U.S.
From the e-Activity, describe the outcome of the identified case
that you researched. Indicate whether you agree or disagree
with the punishment assessed. Explain your rationale.