The Hill6d
Congress must prevent a mass-amnesty for COVID fraud
That’s because this March, the five-year statute of limitations on COVID-era fraud prosecution is set to expire. Criminals are about to walk away with hundreds of billions of dollars ...
朝日新聞社2d
Calls grow to abolish statute of limitations for hit-and-runs
The statute of limitations expired for at least 103 deadly hit-and-run accidents from 2013 through 2022, drawing anger and frustration from the victims’ families. Legal changes have been made to ...
JD Supra9h
U.S. Dials Back Implementation of Foreign Corrupt Practices Act
President Trump signed an executive order instructing the Department of Justice (DOJ) and Attorney General (AG) Pamela Bondi ...
news.bloomberglaw3d
Case: FBAR Penalties for Willful Failure to Report Foreign Bank Accounts Not Time-Barred (E.D.N.Y.)
The IRS’s assessment of a willful foreign bank account reporting (FBAR) penalty was timely and the complaint adequately pleaded willfulness, the district court held, adopting the magistrate judge’s ...
JD Supra8h
Future of FCPA Enforcement Uncertain (For Now) as New Administration Revamps the Law Enforcement Toolkit
Among the drumbeats of rapid pronouncements and policy shifts since January 20, 2025, the Trump Administration recently issued a 180-day pause on ...
Tax Guru5d
Section 271D Penalty: Limitation Period Commences from ITO’s Reference to Addl. CIT, Rules HC
Halsburys Laws of England (Fifth Edition, Volume 68, Para 905) summarises the view of English courts on the State policy of limitation as follows: “The Courts have expressed three differing reasons ...