News Article

Zion Levi Discusses Heightened IRS Enforcement with Hebrew-Language Newspaper

April 30, 2010

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Womble Carlyle Tax attorney Zion Levi recently gave a Hebrew-language interview to Globes, a widely read Israeli financial newspaper.

The article discusses the latest heightened enforcement activities at the IRS involving concealed off-shore bank accounts, businesses and assets of U.S. persons, including criminal prosecutions of tax dodgers. It also talks about the U.S. federal income tax consequences to some wealthy individuals considering relinquishing their U.S. citizenship in an attempt to avoid compliance with the somewhat draconian disclosure requirements under U.S. law, the violation of which may be subject to hefty fines and felony charges. 
 
Levi's practice encompasses all facets of federal income tax law, with a particular focus on international tax issues including transfer pricing, international mergers and acquisitions, and inbound and outbound investments and transactions. He practices in the firm’s Washington, D.C. office.

Click here to read this article in English.