On August 22, two whistleblower attorneys announced that an anonymous whistleblower client had received a $11.9 million award from the Internal Revenue Service (IRS). The whistleblower’s disclosure led to an enforcement action against a Fortune 500 company in which the IRS recovered $55 million in taxes, penalties and interest.
The whistleblower was represented by Dean Zerbe and Stephen M. Kohn, members of the Tax Whistleblower Attorney Group (TWAG) who jointly represented a number of tax whistleblowers, including Brad Birkenfeld, the UBS whistleblower who received an award of $104 million from the IRS in 2012.
“Today’s award showcases the tremendous value of the IRS Whistleblower Program in helping the IRS go after big corporations that aren’t paying their fair share of taxes. As the IRS looks to address the tax gap, it is key that the IRS recognize and embrace the value of the whistleblower award program,” said Kohn, a founding partner of Kohn, Kohn & Colapinto.
“The whistleblower was exactly over-the-plate of what the IRS is looking for when it comes to a good whistleblower submission – a knowledgeable, informed, insider with detailed awareness about specific failures to pay tax. The whistleblower was able to provide a blueprint to the IRS about specific instances where the company failed to properly pay tax. Finally, the whistleblower’s information was about failure to pay tax by the corporation that involved open tax years,” added Zerbe, a founding partner of ...
Police have launched an investigation into alleged false accusation by Park Cheol-min, a former member of the Seongnam International Mafia. Park, ahead of the 2022 presidential election, raised al...