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9/14/2012

Topic Reading-Vol.156-9/14/2012

Dear MEL School's Topic Readers,
UBS whistleblower: IRS pays tax cheat informant $104M.
An ex world-mega bank employee, who himself was jailed for two years, was awarded over $100 million dollars just to let IRS, Internal Revenue Service of US, and helped them collect $780 million as fine as well as a list of names of suspected American tax dodgers.
While this award could be considered an excess award even though what IRS had obtained and collected was much larger, some say that IRS should act more promptly and aggressively make use of this award system to encourage more whistleblowers to provide information and cooperate to collect more tax and fines.
Enjoy reading and learning about this stimulus system to save and collect substantial amount of tax.

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