Henry Seggerman, accused with other family members of hiding from federal authorities millions of dollars in his father’s estate, pleaded guilty in Manhattan federal court to conspiracy and tax crimes.
Perkins Coie LLP represented Zillow Inc., the operator of the largest U.S. real-estate website, in its $50 million purchase of New York-based StreetEasy. Latham & Watkins LLP represented StreetEasy in the deal.
Michael Jackson’s estate challenged a tax bill calculated by the U.S. Internal Revenue Service, arguing that it overvalued assets including real estate, a Bentley automobile and the late singer’s “image and likeness.”
Ex-Qwest Communications International Inc. chief Joseph Nacchio shouldn’t be allowed an income tax deduction for the $44.6 million he forfeited after his conviction for insider trading because it would undercut his punishment, a government lawyer said.
Proceed with care. That’s what bankers, accountants and wealth managers are telling same-sex couples considering financial changes because of the Supreme Court’s rejection of a federal law denying them benefits.
Britain’s Treasury ministry opened a consultation on plans to “name and shame” promoters of risky tax-avoidance schemes and impose penalties on those who fail to comply with new disclosure requirements.
In the weeks after the U.S. Supreme Court’s rulings on same-sex marriage, celebration has given way to the challenges of carrying them out. The complications begin with the Barack Obama administration’s own long equivocation over who should take the leading role in defining marriage: the states or the federal government.