It Pays to be a Whistleblower
Posted by accountingweb on 1447
Bradley Birkenfeld might not have a lot of friends anymore at UBS, or among American tax evaders, but he has a nice paycheck from the IRS to help ease his loneliness. The $104 million paid to Birkenfeld is being touted as the largest award ever paid out under the IRS whistleblower program. Of course Birkenfeld now faces a tax bill of OVER 30 MILLION DOLLARS and is probably realizing why some people attempt to hide their money offshore in the first place.