casinos

When are Casinos Financial Institutions?

November 2022

According to the IRS and FinCEN,  Casinos licensed to do business as casinos and which have gross annual gaming revenues in excess of $1,000,000 are Financial Institutions subject to the requirements of the Bank Secrecy Act, which is known as

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beneficiarios reales

Beneficiarios Reales Bajo la Regla Final de FinCEN

November 2022

El 29 de septiembre del 2022, FinCEN emitió la muy esperada Regla Final (Final Rule) que establece un requisito de reporte de información sobre los beneficiarios reales, en conformidad con la Ley de Transparencia Corporativa (“Corporate Transparency Act” o “CTA”)

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IRS-CI

IRS-CI Amplía Asociaciones con Contrapartes Extranjeras

November 2022

El 3/11/22, el IRS-CI (Investigación Criminal del IRS) publicó su Reporte del Año Fiscal 2022 que destaca más de 2550 investigaciones criminales, una tasa de condena del 90%; acciones de cumplimiento enfocadas en el fraude fiscal, lavado de dinero, delitos

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IRS-CI

IRS-CI Expands Partnerships with Foreign Counterparts

November 2022

On 11/3/22, IRS-CI (IRS Criminal Investigation) released it FY2022 Annual Report highlighting more than 2,550 investigations, 90% conviction rate; enforcement actions focused on tax fraud, money laundering, cybercrimes, and important partnerships. During its Fiscal Year 2022, which began Oct. 1,

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corporate crime crimen corporativo

Crimen Corporativo a la Vanguardia del DOJ

November 2022

El 15 de septiembre del 2022, la Fiscal General Diputada del Departamento de Justicia (DOJ), Lisa Monaco, pronunció comentarios sobre la ejecución penal corporativa en el Programa de Cumplimiento y Cumplimiento Corporativo de “NYU” y anunció una nueva Guía para

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fraude and occupational fraud

El Fraude Ocupacional es el Delito Financiero más Común

November 2022

“El fraude ocupacional es muy probablemente la forma de delito financiero más costosa y común del mundo”, según el Reporte a las Naciones  del 2022 emitido por la Asociación de Examinadores de Fraude Certificados (ACFE), la organización antifraude más grande

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IRS FATCA scrutiny

Sponsoring Entities under IRS FATCA scrutiny

November 2022

On 10/11/22, the IRS issued Notice Number 2022-05:  FATCA Registrations: Sponsoring Entities with no Registered Sponsored Entities.  The IRS has identified Sponsoring Entities that do not appear to have Sponsored Entities registered in the FATCA Registration System. A Sponsored Entity

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IRS FATCA scrutiny

Entidades Patrocinadoras Bajo el Escrutinio FATCA del IRS

November 2022

El 11/10/22, el IRS emitió el Noticiero Número 2022-05: Registros FATCA: Entidades Patrocinadoras sin Entidades Patrocinadas Registradas. El IRS ha identificado Entidades Patrocinadoras que no parecen tener Entidades Patrocinadas registradas en el Sistema de Registro FATCA. Una Entidad Patrocinada es

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crypto-asset activities

Crypto-Asset Activities Not Paired with Regulation

November 2022

The U.S. Department of the Treasury through its Financial Stability Oversight Council issued a press release presenting its Report on Digital Assets Financial Stability Risk and Regulation on 10/3/22 highlighting how crypto-asset activities could pose risks to the stability of

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beneficial ownership

Beneficial Ownership under FinCEN’s Final Rule

November 2022

On 9/29/22 FinCEN issued the very anticipated Final Rule establishing a beneficial ownership information reporting requirement, pursuant to the bipartisan Corporate Transparency Act (CTA). The Final Rule will require most corporations, limited liability companies, and other entities created in or

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corporate crime crimen corporativo

Corporate Crime at the Forefront of the DOJ

November 2022

On September 15, 2022, Department of Justice (DOJ) Deputy Attorney General Lisa Monaco delivered  remarks on Corporate Criminal Enforcement at the NYU Program on Corporate Compliance and Enforcement and announced new guidance for the DOJ’s corporate enforcement policies.  The new

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whistleblower

IRS Whistleblower Program – Exposing Tax Law Violations

November 2022

The IRS Whistleblower Program helps boost the “fair and effective enforcement of our nation’s tax laws and the success of our voluntary tax system.” The IRS Whistleblower Program is dependent on people who become aware of tax fraud and tax

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