International Hot Topics in Tax Enforcement

Is charging tax fraud as a money laundering offense a reach too far? Traditionally, tax evasion has not been charged as mail fraud or wire fraud and therefore has not been charged as a predicate for a money laundering offense. However, one recent case in the Southern District of New York arising out of the Panama Papers has charged a tax offense as wire fraud and as a predicate for an international money laundering charge.

The panel will review the existing law and guidance in this area and discuss when money laundering can be charged in connection with a tax crime.