Category: Tax Rulings and Developments
Jeff Baskies & Justin Savioli: Madoff Trustee Cannot Sue Banks & Argue Their Failure to Perform Due Diligence Contributed to the Harm of the Alleged Ponzi Scheme
“Over many years, a number of very substantial financial institutions (JP Morgan, UBS and HSBC included) apparently profited to the tune of more than $600 million in fees from Bernard L. Madoff, through his brokerage...
Womack-Lottery Winners Again Fall in Attempt to Treat Sale of Lottery Payments as Long Term Capital Gain (PDF)
Davenport Annuities Paid to Minor as Part of Personal Injury Settlement Included in Gross Estate (PDF)